NDX bullish percentage index closed at 75, now in nosebleed territory. Note the bearish divergence off past highs. 73 was the 2006 high, 81 the 2004/2005 high, both pretty solid long lasting tops. Just keep in mind that NDX could be at 1875/1900 on another 80 read.
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on Thursday, February 22, 2007 at 2/22/2007 08:52:00 PM.
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