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: Dinesh who wrote (2313)	6/14/2000 10:08:00 AM
From: ahhaha	Read Replies (1) of 3076

If ELON doesn't get going immediately, the "cup and handle" structure which has attracted the public, will negate and turn into a double right shoulder with horrendously negative implications. The March move would be the head. What helps is the May volume. However, the money flow state is precarious. This is a trader view and it is likely to be wrong as equally as it is likely to be right. If you're an investor, you should ignore these kinds of interpretations. In my previous post I suggested the stock market has gotten much more dangerous, so if you're trading, you have to be careful about unexpectedly being turned into an investor.

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