Ascend Communications (ASND) Message Board

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Technology Stocks : Ascend Communications (ASND)

ASND 213.30

-3.3%

3:59 PM EST

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To: Tim Luke who wrote (37313)	3/3/1998 2:09:00 PM
From: sepku	Read Replies (1) of 61433

Re: 200dma In hindsight, I guess that was a positive fakeout, rather than a breakout. Often the trendlines offer resistance before becoming support levels...or perhaps overall market dynamics prevailed. Fundamental factors often throw a wrench into TA. On another note, ML downgraded CPQ from Buy to Accumulate, immediately knocking down the stock before the open. Ironic, because I bet they're actually following their own advice for once -- accumulating, that is. Maybe I should pick up some shares... Style Pts.

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