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The Fred Report - Weekly November 14, 2011

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We expect an up week this week, but since it is options expiration it could be choppy and hard to forecast.  This week seems pivotal for TLT – right now our best guess is that we embark on a sharp decline that lasts through the week and retests the 112 – 110 area – a gap and also support.  It looks as if the seasonal rally in the energy complex has started. 

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