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To: Jerry Olson who wrote (77179)7/8/2003 5:10:40 PM
From: jjstingray  Read Replies (1) | Respond to of 209892
 
I have an A=C target of $49.26. I had a bunch of calls I sold yesterday thinking we hit the top of a 3 and would pull back a few weeks for the iv of C. But, I am not real confident of my Elliott read here. If the A=C pattern is right, it should hit that target some time in September. Of course it could run there sooner.

stockcharts.com[w,a]whclyyay[d19991220,20031231][pf][vc60][ilb14!la12,26,9!lg!lp14,3,3!lk14!lah12,26,9!ll14][J8177861,Y]&pref=G

I am beginning to think that we could hit $42 before pulling back in our iv. I just wish the chart was a bit clearer.

stockcharts.com[w,a]dhclyiay[db][pf][vc60][ilb14!la12,26,9!ld20!lp14,3,3!lk14!lah12,26,9!ll14][j12878847,y]&listNum=1



To: Jerry Olson who wrote (77179)7/8/2003 5:11:39 PM
From: ajtj99  Read Replies (2) | Respond to of 209892
 
Jerry, I see QCOM hitting a wall at 42.89 and making a double top here.

MSFT is another one to keep an eye on. It's currently testing the 28.66 January high. Look for a double top there too.

These two stocks' targets plus CSCO make a good case for NDX 1340-1350, and possibly even 1365 this week for a local top.