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Looks like it spent a long time in the 30-40% oversold so why won't it do the same in overbought territory. Just playing catchup now.


Makes sense they are overbought look at the the % of NAZ stocks above their 50day moving average--http://is.gd/sRZf
& NY--http://is.gd/fWXX
They are at levels not seen since 2003.

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