Market Breadth Data******************************

Tuesday, December 05, 2006



The SPX didn’t want to wait until Tuesday and promptly made new highs, getting overbought in the process.

Not all indices made new highs, however, so there is still room for concern about the downside.

Since today is a CIT day, I can only paraphrase my comment from last week and venture that today’s highs will provide a reasonable short swing entry point.

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