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To: Alan C. Zezula who wrote (10565)3/5/1998 12:57:00 AM
From: E. Graphs  Respond to of 25814
 
Al,

I expect down at the open short covering and bargain hunting to follow and then things will level out. Today seemed like a test and confirmation to me that this market is going higher, so I'm sticking to the targets that I gave to Moonray (9200/Dow 1825/Naz) and that means we could do a healthy retracement to 1700/1725 and it wouldn't matter much to my scenario.

Also, the 200day on Naz is at 1600. That can get tested in a major event. I'm not sure this is enough of one, but it will be interesting to see. I noticed that Altera didn't budge after hours. It stayed at 44, I believe. Someone correct me if I'm wrong. I didn't watch for very long.

That's what I'm thinking for now.

E