Ascend Communications (ASND) Message Board

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Technology Stocks : Ascend Communications (ASND)

ASND 205.50

-1.5%

Dec 5 9:30 AM EST

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To: purecntry5 who wrote (15973)	10/1/1997 4:18:00 PM
From: Randall Stern	of 61433

I will agree with you Brett, but, only because my TA says to. I'm not a real believer in the close strong-open strong theory. If that were really true, than every pro would simply buy calls on any stock they feel is having a strong close and easily make money at the open. So, it is a bit too simple for me to go with. Since my TA suggested an up day today for ASND, with a short target of 34.5 or more, I feel that if the market opens steady (what a joke, huh) ASND should continue this new little up spike. I also must note just HOW powerful the TA was last nite. I find it incredible that ASND WAS THE ONLY NETWORKER THAT WAS UP TODAY!!! Do you doubt the charts.......anyone??? I will try to update TA tonite if possible. Good Luck To All!!!

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