The FRED Report

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The Fred Report - Mid Week Update January 30, 2013

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Areas we would use to buy SPY or other stock investments are SPY at 148.70, and 145 if we see them.  TLT has closed slightly below the key 117 area, and further decline would suggest a test of the 110 area could occur and quickly. So far, gold is consolidating and not falling, and as long as we remain above 160 to 158 the next buy signal should work on a short-term basis.

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