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On CNBC today Morgan Stanley is predicting Priceline (ticker symbol PCLN) to get to $1500. It closed today at $1147. I almost decided to short PCLN six months ago when it was $700, glad I didn't. However, I don't think I'll take a long position now to get it to go to $1500. My outlook on the markets in general is that a correction maybe due. Any thoughts?
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