The Fred Report - Weekly November 12, 2012

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Stocks have broken support but we expect a “bobbing cork” kind of correction, so a rally here would not be a surprise.  Our concern remains that the treasury market has had so many fits and starts that the long term trend may be switching from up to down – and a sharp drop could occur at any time.  Gold and the commodities continue to look strong into the end of November and possibly beyond.


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