We prove that a generic C1 vector field on a closed 3-manifold either has infinitely many sinks or sources or else is singular Axiom A without cycles. Singular Axiom A means that the non-wandering set of the vector field has a decomposition into compact invariant sets, each being either a hyperbolic basic set or a singular hyperbolic attractor (like the Lorenz-like ones) or a singular hyperbolic repeller. An attractor is a transitive set which attracts all nearby future orbits, and a repeller is an attractor for the time-reversed flow. Our result implies that generic C1 vector fields on closed 3-manifolds do exhibit either attractors or repellers.