In all my earlier excitement, I completely neglected to call your attention to the good ol’ Advance/Decline line. (Sorry, I couldn’t find a quick on-line link to the chart! For you TC2000 fans, check out T2100). The A/D line clearly broke out in September from a near year-long trading range to new 52-week highs and even successfully retested the old resistance. A long-term view shows that, amazingly enough, we are back to levels last seen in 1999. Thus, the A/D is a signal telling us that the overall market probably remains quite healthy - however, you still have to be in the right places at the right time (e.g. commodities, small-caps, etc…). It will be interesting to watch how this latest break-out plays out in the near-term.