The Fred Report - Weekly March 26, 2012
While it is possible that we see some end of quarter “window dressing” we would use strength to sell underperforming stocks, and assume a bit more defensive a posture. TLT could rally here, but the chart continues to deteriorate and we would use rallies to lighten up those positions. The European currencies look like basing patterns, while the Yen looks ready to rally in a downtrend.
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