The FRED Report

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The Fred Report - Mid Week Update September 29, 2009

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The stock indexes have been trading choppy/sideways to up, which is resolving the overbought condition in some respects.  The Transports have made new closing highs above the August highs.  If the TLT is going to fail, it should fail in the 107-108 area and the next drop should break the lows recently set.


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