Impressive Rally so Far

Yesterdays comments are still in play.  If we decide to move into cash we will send out an update.  At the moment we see the market stretching through the S&P 1007 ceiling in the next week.  This T-Bond decline looks to have legs also, so stay short bonds for a test of the 111 June lows.  Gold will test first resistance at 790 level with the 850 level looming as big resistance.

7:53 AM CDT

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