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[denleo]

Several indicators are pointing to a slowdown in momentum, and as a result consolidation around current levels. This will allow to stop chasing momentum to the upside and start buying on pull backs, which could be as large as 10 to 20 S&P points. Short-term traders should start taking profits on gap ups and intraday rallies. I see no important tops. I just see a little more choppy action ahead of us, but eventually new highs on S&P. Denleo