The Fred Report - Weekly November 1, 2010

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The stock market has maintained recent gains, but we see an excellent chance for a pullback on the election news.  If the SPY starts trading above 120 we will become more short-term bullish.  A move up to 102 to 103 for the TLT is not out of the question, but we then think rates should move higher into late November/early December.

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