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Intel Corporation Message Board

  • littlestewie88 littlestewie88 May 22, 2013 9:20 AM Flag

    Just A Thought

    Nobody knows for sure when this rally will end but everybody seems to agree that stocks are very overbought. Another day of gains could push the RSI readings of the major indexes to the highest level since the rally started in November. The Russell 2000 once again backed off at the 1000 level yesterday, suggesting that the rally is due for a rest. However, sometimes the market doesn't follow the path that technical conditions say it should.

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