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Tag Archives: HD. Citigroup

October 13, 2006

Overbought, but not over! Stock prices continued their powerful rally this week, with the blue chip Standard & Poor’s 500 index closing today at its highest level since February 2001. While the market is now, from a technical standpoint, very overbought and due for a pullback, the strength of this move suggests that we’ll see even higher highs in November and December.