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Strategies & Market Trends : Steve's Channelling Thread

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To: Zeev Hed who wrote (3334)	7/18/2000 2:40:04 PM
From: Logain Ablar	Read Replies (1) of 30051

Zeev: Yes my charts will look much healthier now. The high poles on QLGC & WSTL are gone. WSTL had good news today. Stock should recover and break 26 on its way to $35 - $40. DSL sector is ramping and WSTL should get caught up in the momentum. I won't wait till $40. SNDK had a nice pullback. Too bad I jumped on some yesterday. Still learing on the emotion end. Analyst talking down QCOM today. Means it will have good earnings. This quarter is different than last. Companies are not selling off (today is an exception with market weakness) like last quarter when they were weak going into earnings and still sold off. While I'm optimistic I still have stops since I can be wrong. If a company disappoints it will be shot. Also if you don't eat or drive the CPI wasn't bad at all. Kidding aside we would all rather have some inflation at these employment levels. A lot less social ills when people are working. Tim

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