My 1999 Chrysler Sebring Convertible's ABS light keeps coming on and off.?

AltonComet

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It started after I drive in a large snow. Now, I am having problems with my brakes. When the light comes on, when I apply my brakes heavily, the brakes disengage at random. It's pretty scary when coming to a stop light. If I pump my brakes they come back. I think it is a failed wheel speed sensor, but I want to make sure. I don't want to throw money at a problem and not fix it. Any ideas?
 
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