The Fred Report - Sector Review March 2011

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In stocks, we have made several replacements, both to take profits and eliminate bad stocks. These changes can be seen on page 2.
Since the last sector review, the markets have been sideways and so have most sectors. We note that XLB, one of our overweights, has been a bit weaker than expected, and that IYW has also started to show weakness on a relative basis. We remain equal weight Tech for now.

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