The Fred Report - Weekly September 6, 2016
We remain with a stop at 212 on SPY, and unless we see closes below that number the market should be fine. We remain with our target of 223 on SPY, to be hit sometime this year. Advisors who are not in gold now, and want positions, should buy it now. While there is a chance that it moves lower, our projections suggest another advance is more likely, and this one could move it above 130 (GLD).
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