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Wednesday, 01/23/2013 7:41:42 AM

Wednesday, January 23, 2013 7:41:42 AM

Post# of 37779
Nearly 80% of the individual stocks in the S&P 500 are overbought, according to Bespoke. Looking at a 5-year chart, the group notes this indicator is as mean-reverting as it gets. High levels of overbought stocks tend to move to low levels rather quickly.

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