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Wednesday, November 30, 2011

Domino's Pizza (DPZ) update

The flag pattern appeared to break down and the stock price undercut the stop loss order point that would normally be set by investors.  A lot of the people who got stopped out might now want to get back in now that the stock is rallying and is gaping up.  I have decided to stick with my positions even though they expire in December to see if I can hit my targeted returns.  Here is to the current optimism in the market (however temporary until the next set of bad news comes in from Europe) and the potential profits.

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