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Market hitting new highs cannot last

 The U.S. stock market has continued to strengthen over the last few quarters and is now at multi-year highs.  In addition, many technology stocks such as Apple and Google are hitting new all-time highs.  At the same time, QE3 has already been announced so traders have completely priced in that good news. On the other hand, the fiscal cliff at the end of the year will reduce the government spending and hurt economic growth.  Corporate earnings are not growing and the economy is basically flat.  There is a good chance we will see a correction in the stock market in the next few months.