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Market Update 1-11-12
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Submitted by Steve Meyers   

I am going to sell 1/2 position in the SPX at the close today and wait to see what the action is from here into the 17th. The market is showing signs of running out of gas.

I am going to sell 1/2 position in the March bonds @ 146-00.

Euro is in a death roll.

Gold and silver are accumulations in the physical between now and end of Feb. BUY and HOLD.