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

To: Murrey Walker who wrote (2127)5/17/2000 6:56:00 PM
From: IngotWeTrust  Read Replies (3) | Respond to of 3076
 
Today's haircut was a slamdunk surety from severe OB TA. Take a look at it today's selloff via this URL...please note "pie chart" near bottom right.

thomsoninvest.net

Not only is ELON's institutional interest still paltry not only by my standards but this chart shows fellow retail investors were the ones that swamped the boat today w/the sells... Can't help but wonder how many of them were using TA as their "motivating mitigator posture initiator...."

....bet 3/4 of them were momo's wearing public simian masks...<ggg>



To: Murrey Walker who wrote (2127)5/17/2000 8:46:00 PM
From: Boplicity  Respond to of 3076
 
Murrey I hope so, 30's again would be gift. No one should be surprised by this drop after the run we had. ELON doubled in a matter of days, I doubt it will go down to 30's we hit resistance from all the buyers in the high 60's a few short weeks ago plus traders that wanted to book profit.

Greg


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