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Technology Stocks : EARTHLINK (ELNK)
ELNK 5.6300.0%Mar 8 4:00 PM EST

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To: Oeconomicus who wrote (2404)4/10/2001 8:57:31 AM
From: Dana Johnson  Read Replies (1) of 2553
 
If ELNK punches through 12.5, the next resistance is in the 17.5-18 area. The price objective is 19.25.

I agree, the WCOM chart does look good. I have heard a number of analysts talking it up. While this is usually a negative, this case may be an exception! WCOM is about to turn to a positive trend. The price objective is 26.

I don't trust this market, so I am trying to stay very short term oriented. The weak market makes a good test of some of these stocks that are turning around to see how they respond on down days. ELNK, for example, has been relatively strong on down days. To me, this is important confirmation.
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