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: MR who wrote (53117)	8/28/1998 6:55:00 PM
From: Joseph Colombo	of 61433

I was just doing some figuring. DOW High: 9337. Today's close: 8051 -1286 points. NASDAQ High: 2008. Today's close: 1639 -369 points. If the NASDAQ is down 369 points from it's high. Shouldn't the DOW be down about 1845 points. Or to around 7492. I would guess that the DOW will either go to 7400+/- or the NASDAQ will rise to 1750+/-. Or in short the DOW and NASDAQ should be about 5 DOW points for each NASDAQ point. After they sync up, the market could obviously go either way. Or maybe this is going to be a divergence. It just looked a little out of whack this week. Joe

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