The Fred Report - Mid Week Update October 27, 2010

View a Printer Friendly version of this page, allowing you to print the page.
We have no real change in our market opinion, which is that a sharp drop may occur after the election.  We note that the SPY has rallied to test the 120 resistance again and that this is the key 2008 breakdown point that held the market back at the April highs.  The dollar looks like more upside should occur, and this could have a deleterious effect on gold.  We continue to look for 96 on the TLT.


Sorry this page is available to subscribers only.
If you're not a subscriber why not
join today?

If you are already a subscriber, please login.

If you believe you should be able to view this area, then please contact us and we will try to rectify this issue as soon as possible.


To gain access to the members only content click here to subscribe.

You will be given immediate access to premium content on the site.

 

 

 

Who is Fred Meissner, CMT?
Listen here:

The FRED Report is not authorized, endorsed, or affiliated with the Federal Reserve of St Louis and its FRED Economic Data.