The market soared to post-election highs on Tuesday as the bulls won their fifth-straight session to clear another layer of resistance. One of the zombies tried to derail the bulls after saying it was going to be a nightmare to get a deal done by Christmas but his words were no help to the bears. The talking heads were baffled on why the indexes were up and said it had to be on hopes of a Fiscal Cliff deal coming sooner rather than later. While this may be true, yesterday’s surge was more technical in nature – but the cheerleading helped.
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