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Post# of 704047
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Zeev Hed

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Zeev Hed

Re: michael03332002 post# 270120

Thursday, 07/15/2004 5:49:26 PM

Thursday, July 15, 2004 5:49:26 PM

Post# of 704047
Maybe because the lion share of the short position are the MM's and they want to create another swoon under $30 to cover? Right now, I smell a breach of $36, such a breach would mean a rapid trip to $30 and maybe even a retest of the $26 area. Beware if $36 is breached. We painted an ugly candle on that NVEC today .

AZH

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