The Fred Report - Mid Week Update December 5, 2012

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Caution is indicated on AAPL and SPY.  GLD is seeing the drop we forecast in the weekly letter, and the daily stochastic is not in the buy zone, while the weekly still has some more to go on the downside – in other words we may see some consolidation here over the next week or so.  We would look to add to PSAI over the next week or so at 36 or slightly below.  GDXJ has support at 20 to 20.50 and we would try to add to this at 20.10 or so.


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