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Dow heading to 14550

The Dow is at risk of a fall to 12189, says Warren Firth at www.globalprimepartners.com.au

Expect the index to slide to that target if it breaches 12740, which it has already come close to doing this week. My longer-term view is that it will head for 14550, so I recommend buying either a fall to 12189 or a rise above 13265. The initial target for traders will be 13870.

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By Warren Firth,
09 May 2012

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