Exposing Ideas to the Envelope of Serendipity

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Monday, April 20, 2009

The Most Overbought Market At Least 23 Years?  

"The most overbought ever would seem to suggest the market is unlikely to continue to rise at anywhere near its recent pace. On the other hand, those expecting a sharp, sustained selloff from here had better be basing their expectation on evidence other than just overbought breadth." - Rob Hanna - go here.
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