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Hello Fools: My broker called me today to mention data that he was receiving from several technical analysts. Their thinking was that the market may move up next six weeks to two months but after that they were expecting a fairly serious correction in the market, say 5 - 10%.

I believe they felt the S&P 500 would peak at around 1220 but would fall to around 1120 by the end of 2005. Has anyone heard anything similar or does anyone have a similar opinion of where the market is heading?

Fletch52
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