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Commentary Topic from greenfaucet

Extreme NASDAQ Breadth Suggests Higher Prices

By Rob Hanna | November 06, 2009 | 9:07 AM | 0 Comments

While most everything did well on Thursday, much of the excitement was directed towards smallcaps and Nasdaq stocks. Below is a little study that shows how the market has performed in the past following such buying interest in the Nasdaq while the S&P 500 was in a long-term uptrend.

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