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Zeev Hed

06/07/06 6:41 PM

#478689 RE: mrktman #478688

Mid $52 is next support (also my target for doubling) but do not expect much, maybe a run to the $57/8 area, I think before we have a real turn, SNDK may have to revisit sub $50 area. BPNDX has hit under 35% which might be seen as an area for at least a bounce, however, the lack of put buying is quite worrisome and as I have said recently, I expect the Naz to give up on 2000 before the end of October....