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Strategies & Market Trends : Steve's Channelling Thread -- Ignore unavailable to you. Want to Upgrade?

To: Logain Ablar who wrote (3023)	7/8/2000 1:52:18 PM
From: Zeev Hed	Read Replies (2) \| Respond to of 30051

We do not differ that much. I have a close above 4075 on the Naz and 10750 (actually closer to 10738) as an indication that the rally is continuing with earnest. I am a little concerned about late next week, when once more I expect expiry to apply downward pressure on stocks. As for the specif comments on the stocks, QLGC amd EMLX both disappointed me Friday by getting within an 1/8 of my selling point. Now, I may want to reconsider these points 9and raise them) if we indeed continue with the rally. What selling target would you put on APH. I had $75, so as to get a nice rounded 50% (I am in since the May debacle at $50). With its strength in a relatively mild market (that is what I meant by a "stealth" begining of the rally <g>, no one is yet admitting that we may be on our way), what will happn if we get really frolicky with the Naz going up 150 points in a day? If your PnF has a target on APH, let me know. Personally, I see it capable of getting to $80-$83 (about 30% above the last overhead top at $64). Zeev