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Friday, March 31, 2006

TheStreet.Com Holding Firm

It looks like TSCM did hit a bottom early this week. The stock continues to trade up despite a flat market. If guidance stays the same, there is no question that TSCM has a clear path to $8 before its next downturn. If you take a look at the chart of the stock, the behavior over the past three months has been like clockwork. Buy at $6.75, sell at $8.25, and then short it for a month.

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