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Strategies & Market Trends : MP - Market Pulse -- Ignore unavailable to you. Want to Upgrade?

To: J_K who wrote (1017)	8/1/2001 10:57:41 AM
From: HairBall	Read Replies (1) \| Respond to of 1328

Juergen: My long was stopped out at 15.50, five points in three days. I suspect that MM's will be satisfying some of the demand created by the sharp price mark up by selling short. A lot of games being played on Level II. I am watching for the mark up exhaustion, I am looking to pick up some change on the down as well... Here was the up news: 10:26 ET Network Appliance (NTAP) 15.67 +3.19 (+25.6%): One of several storage sector stocks moving sharply higher this morning. Issue benefiting from bullish note out of Wit SoundView... following well received presentation by Pres. Tom Mendoza, firm more comfortable that NTAP will meet JulyQ numbers, and if there is any trimming of the outlook at all it will be minor. Regards, LG