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07/26/2010

Fulfillment of La-Z-Boy

Back on July 7th, I suggested that once La-Z-Boy had recovered an additional 20 to 25% from its levels at that time, the rally would be exhausted. An alert reader brought to my attention this target has been fulfilled. Now obviously I wouldn't take this that seriously, but it's still worth noting, since a lot of these junky small cap stocks have really been bid up lately.

0726-lzb

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