The s an p 500 is seven % off of the a high from december. The loads that were put in just late last week and early this week, down just below forty 400, i think are going to be a really important reference point. If we see thatat might give us a short term rally throughout april toward the top end of the range. I think that while there is room for the stock market to have inevitably some sort of deeper correction, it may not happenat in the second quarter of the year.

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