2007-3-20 2007-3-20 Many commentators have been discussing the possibility that the market has topped, but we believe that the move higher is just beginning. Not only has sentiment been mixed after such a huge incline (not an excessive amount of bulls yet), but our long-term system is extremely far from being overbought. We are less than 25% of the way to a sell signal. To put this in perspective, a neutral reading is around the 65% area! This can change rather quickly, especially if the trend continues in the days and weeks ahead without a more significant pullback, but even then we have a lot more room to grow before we reach a sell signal. 69363 text/html http://www.nasdaqwizard.com/midweek110806.html 1.0 EN index,follow Many commentators have been discussing the possibility that the market has topped, but we believe that the move higher is just beginning. Not only has sentiment been mixed after such a huge incline (not an excessive amount of bulls yet), but our long-term system is extremely far from being overbought. We are less than 25% of the way to a sell signal. To put this in perspective, a neutral reading is around the 65% area! This can change rather quickly, especially if the trend continues in the days and weeks ahead without a more significant pullback, but even then we have a lot more room to grow before we reach a sell signal. text