The Fred Report - Mid Week Update July 8, 2010

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A correction of Wednesday’s up move, especially a churning correction, would be welcome and not a problem.  We are still interested in mid-cap stocks (MDY), and think there will be longer-term out performance in this area.  The ingredients for a strong up move are certainly a “clear and present possibility”.  We continue to like Gold longer-term, but expect to see choppiness over the next month or so.

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