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Technology Stocks : Echelon Corporation (ELON) -- Ignore unavailable to you. Want to Upgrade?

To: $Mogul who wrote (2031)5/10/2000 6:20:00 PM
From: Kevin McKenzie  Respond to of 3076
 
Mogul,

Sorry I even started this. I knew I would hate myself for it. Good luck with your trading.



To: $Mogul who wrote (2031)5/10/2000 7:10:00 PM
From: Kevin McKenzie  Respond to of 3076
 
Mogul: I have a serious question (I'll try to stop being a jerk):

You said the gap would have to fill. I'm not sure I understand how to read the charts on this one. Since yesterday's high was 33 5/8's and today's low was 33 1/4, wasn't the gap already filled? I thought you looked at the previous period's high, not the previous period's close, to determine where the gap should fill.

Let me know if I'm mistaken.

Thanks,

Kevin



To: $Mogul who wrote (2031)5/10/2000 8:34:00 PM
From: jhg_in_kc  Read Replies (1) | Respond to of 3076
 
how do you know it was daytraders? Volume was very heavy, might well have been some institutional buying.
In any case, this cannot be bad news. The stocks fundamentals have just changed--their revenues will double next year. eom


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