What can I do to fix my ITBS?

I have been diagnosed with iliotibial band syndrome in my right knee by my orthopedic doctor about two months ago.  The injury first showed up approximately three and a half months ago.  I cannot run more than a quarter of a mile without experiencing severe pain that lasts for about two days after running.   Generally, using the elipitcal, bike, or walking does not cause any pain.  He prescribed stretching exercises which I did for a month and did not enable me to run.  After, he tried a shot to reduce inflamation and anti-inflammatory medication.  I have been restricted to just cycling and the stretching for the next six weeks.  However, I am finding that my pain still exists when I cycle and that I am experiencing uncomfortable pain in my right hip as well.  The right side of my knee is extremely tender to even touch after I cycle or walk long distances.  I have noticed an achy feeling on the back of my knee toward the outside as well.  Does this mean that my ITBS is actually getting worse?  What else can be done to help alleviate this uncomfortableness and pain?   It has been three months since I last ran and I have been performing the prescribed stretches and weights without any improvement.  I am an avid golfer and with summer finally here, I do not want to affect my chances of playing or any chance of being able to run again.