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While breadth was impressive today, and my NYSE and NASDAQ models closed
today with buy signals, I would temper enthusiasm with a bit of caution ...
the S&P futures are very close to strong resistance in the 1220-24 area and
VIX remains at low levels which are not generally supportive of major bull
market rallies. That said, we should have a couple of weeks in which prices
move generally upward.
Earl
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