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ajtj99

04/02/09 4:15 PM

#143859 RE: jdaasoc #143855

If you look at the BKX daily chart going back from the March lows, you'll see there was a lot of backing and filling between the 25 and 32 area. We've basically been repeating that in a compressed range that extends from about 26 to 31.

This should resolve up and probe the 38-40 area on the BKX.