Travel and Leisure Still Strong

09/23/2009 9:22 am EST

Focus: STOCKS

Thomas Aspray

, Professional Trader & Analyst

chart
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The Dow Jones travel and leisure sector is up almost 50% since it was last discussed on June 10. It is up close to 150% for the year, making it one of the strongest sectors. The daily chart shows that the major 61.8% resistance has been overcome with next resistance now at 130. Both the 50- and 200-day MAs are rising sharply.

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