2007-3-20 2006-10-31 The stock market continued its rally today. The Dow Jones Industrial Average is now at all-time highs, the S&P 500 is over 2% above its May high, the NASDAQ Composite is less than 4% off of its 2006 highs, and the Russell 2000 is less than 7% off of its 2006 highs. We have said for many months that a huge rally was coming and we believe that rally has started. Currently our long-term system is far from overbought which suggests to us that this rally is just beginning. 89952 text/html http://www.nasdaqwizard.com/midweek100406.html 1.0 EN index,follow The stock market continued its rally today. The Dow Jones Industrial Average is now at all-time highs, the S&P 500 is over 2% above its May high, the NASDAQ Composite is less than 4% off of its 2006 highs, and the Russell 2000 is less than 7% off of its 2006 highs. We have said for many months that a huge rally was coming and we believe that rally has started. Currently our long-term system is far from overbought which suggests to us that this rally is just beginning. text