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Monday, January 18, 2010

RDI Buy Set-up Jan 19th Swing Trade













RDI is in the movie/media sector that we have identified as a tradable sector that has underperformed the broader indexes. RDI has a V-bottom, bullish pennant formation that sets up in the near term for an potential explosive move higher. Currently we value the shares at $8 per share, not counting the potential Avatar revenues from overseas cinema operations.

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