The Fred Report - Weekly October 25, 2010
We continue to see signs that a sharp drop in stocks could occur soon, most likely after the midterm election. This should be a buying opportunity. Gold has started to correct and while we are near the 128 area on the GLD (SPDR Gold Trust) we do not have a buy signal yet. The big market for us on the international front continues to be the dollar, as it continues to look like a short-term bottom.
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