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The market is getting a bit overbought right now--at least in the U.S. There's a lot of money going into the international mutual funds--Europe and Asia, which have been doing very well the past few years. There is still a lot of upside in Asia--and a lot of American Investment there. Maybe that's why the market is bullish. Also, the energy stocks and funds continue to do very well--the carbon emission issue is a great growth area for energy and technology companies.
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