Echelon Corporation (ELON) Message Board

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Technology Stocks : Echelon Corporation (ELON)

ELON 21.88

+10.1%

Oct 6 5:00 PM EST

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To: DD™ who wrote ()	2/4/2000 10:32:00 AM
From: Andrew Brockway	of 3076

Some thoughts: Maintain a core position!!!!!!! But, play the volatility over the next few months. No reason not to take advantage of what the market gives us! Use some spare pocket-change to establish a "trading" position with the goal of stealing 10 to 20% at a pop. The move from the low 30s to 40 over the last few days is a perfect example. Looks to me like "volume" will help with this. We drifted to the low 30s because of some profit taking, some short pressure, downward market, and a general lack of interest. I think this will be the pattern between press releases and palabras from the Street. Any TA types out there that could help with support levels, etc? Maybe we yaw between the high 20s and 40 for a while. A lot depends on the direction of the Nasdaq. Watch the volume and don't be greedy; be happy with 15% and don't hesitate to take it. good luck, Andrew

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