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Technology Stocks : E Loan Inc -EELN

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To: Mr. Aloha who wrote (331)7/13/1999 6:16:00 PM
From: Mr. Aloha   of 817
 
The support around 41 fits perfectly with the scenario I laid out, with the retracement of the 54-point runup from 20 maxing out around 61% (74-41=33, 33/54=61%).

I hope those who were waiting for the 30's were able to get back in for this rebound to the 50's, which occurred in a weak market for net stocks. If the market for net stocks cooperates (big if), EELN should continue to move up...

Mr. Aloha
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