The FRED Report

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The Fred Report - Weekly March 15, 2010

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We continue to see strength where we should see it, in the broader based, smaller stock indexes.  Traders should use dips to accumulate stocks.  The LQD has started to move out of the short-term flag formation which suggests further advance.  We have been looking to add a ½ position back in Gold when the GLD hits 103, and that may be too optimistic, so we will raise that to 104.


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