The FRED Report

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The Fred Report - Monthly September 2013

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Stocks have had a strong rally in the first half of 2013, and have hit price projections made last November. If we have made a mistake so far this year, it is that we were not aggressive enough on this summer rally, which we normally play. Last month, we suggested that much of the summer rally would be retraced, and all but .14% of it was, with that gain being the worst positive year since 1928.


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