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Technology Stocks : Ascend Communications (ASND)
ASND 204.41-1.0%Nov 14 3:59 PM EST

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To: country boy who wrote (43604)4/10/1998 12:55:00 PM
From: Wayners   of 61433
 
Can't believe I had to read hundreds of posts and the VERY last one I read is exactly what I have been thinking all along--the ADBE report. Also seems to me that if the analysts earnings forecasts aren't going to change then its business as usual, and the uptrend remains in effect. Doesn't mean we won't get some really good volatility next week. I'd expect a gap up on Monday that gets hit with profit taking. The profit taking will continue until it hits the next lower support level (which will be $40 even). If there is a gap down it goes down to $37.50 (next lower support level) and bounces back up to $40.
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