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To: abuelita who wrote (9638)3/29/2000 10:10:00 AM
From: Jim Willie CB  Read Replies (2) | Respond to of 35685
 
on ELON: I show no news
looks like it is bouncing off the 30day Moving Avg at 75
this is the anticipated second leg down retest of lows
last time it uncoiled upward quickly
the consolidation phase appears to be ending as we watch
its Relative Strength is in midrange 50 level now
it jumped up last time that happened

but no news visible

if I had a lot more margin buypower, I would add shares

by the way, QCOM touched 160
expect a mild rebuff here, then continuation
looking strong
/ Jim