It's time for a pause

Stocks, U.S. Futures Rise on German Industrial Orders; Gold, Euro Advance

By Stephen Kirkland - Apr 6, 2011 10:03 AM GMT-0300

Stocks rose in Europe and U.S. futures advanced after German industrial orders climbed and banks announced plans to raise capital. The euro strengthened on bets the European Central Bank will increase interest ratestomorrow, while gold gained to a record for the second day.
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Comment: We've been pretty much right for a long time with our bullish assessment for the euro, gold and other precious metals. Now it is time to reconsider positions. The next big thing cold the the yen. One may consider the option to take some profits and move the proceeds into a long position for the yen.