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Pastimes : ASK Vendit Off Topic Questions -- Ignore unavailable to you. Want to Upgrade?

To: Aljorma who wrote (11173)	4/9/2000 10:02:00 AM
From: Vendit™	Read Replies (2) \| Respond to of 19374

Good morning Fred, I just did a very detailed support and resistance chart for ELON using a java tool, "Prophet JavaCharts." Because its java I cant link the chart without creating a file and uploading it to a web page but I can tell you where I see lower support. First lower support is $63 3/4. Next is $60 5/8 and then $55 1/8. ELON will travel with the NASDAQ on Monday. If the climb continues so will ELON. Another dive towards 4000 would make ELON test $55 1/8 again. I think if I were going to have to leave tomorrow and not be able to monitor the market I would place a stop in the $59 1/2 area. It may well be taken out in a weak market but that is what a stop is designed to do. Lets hope the markets hold up a few more days. Everything I see points to that although we could see some slight profit taking on Monday. All IMO Reid