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Graham Turner

well done for taking my comments on board. your point is well made though that despite the ratio being high , if last time is any judge, there is no reason for the market not to continue to rally. Time will tell. Your data is only a few months and is AAII. Mine is from Investors Intelligence and my experience goes back to 1984. Why not check out Schaffer's latest post, the data goes back 2 years and illustrates my point.

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