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Tom Chechatka

Can't believe you're not taking a lot of heat for that "S&P 500 is in a new bull market" remark. This notwithstanding, I agree there's a long way to go before an overbought condition registers in a number of technical measures (which right now are shaping up rather positively). Given the seeming widespread doubt in near-term prospects, I would not be surprised at all if an overbought condition comes sooner rather than later. Just can't help but see how, technically speaking, this bad boy is poised to explode higher.

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