The Fred Report - Weekly November 26, 2012

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Investors should remain with current positions but realize that the SPY 142 – 144 area is resistance and consolidation is likely in this area.  The accumulation models on GLD and SLV continue to look better than the other markets we follow, and should GLD penetrate 171, then 175 it should challenge the 184 – 185 targets we have for this market.  We would start to segue into FXI slowly over the next few months.


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