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Tuesday, October 03, 2006 

Chart of the day : MCD

Chart courtesy of stockcharts

Shares of MCD pullback again today after have touched near the highs with a huge volume, so probably we are seing some distribution at these levels, pay attention before entry long here, however overall the stock is still in a bull market as the stock is above 50 day and 200 day moving average.

Disclaimer : Trading stocks involves risk, this information should not be viewed as trading recommendations.

That's All. Have a great evening.

AC

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  • I'm a 43 year old Independent Trader using proprietary technical analysis with more than 18 years experience of investing in the US stock markets. I started this blog in 2006 simply as a way to share my thoughts about capital, risk management, and trading. My blog contains only my personal opinion and is provided for informational purposes only.

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