The Fred Report - Weekly June 28, 2010
While this is a difficult market short-term, we will likely advocate taking a bit more risk this week, even if the market is stronger than we would like to see. We feel the USO could advance to test the 37 to 38 area here. The currency markets are in interesting positions and it appears to me that the Euro (FXE) has bottomed and the Dollar peaked, at least short-term.
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