Ascend Communications (ASND) Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Technology Stocks : Ascend Communications (ASND)

ASND 208.92

-1.0%

10:49 AM EST

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: The Phoenix who wrote (55543)	10/8/1998 9:46:00 PM
From: James A. Venooker	of 61433

Market swings are far to large to have any possible read on this market. I do believe that today was an extremely interested trading day from a technical standpoint. The volume and market swings were so vast, I could hardly believe it (and we have seen some pretty huge swings lately). I truly believe that once the Dow has bottomed we will see some huge upside swings. Everybody knows there is tons of money on the sidelines (just as you spoke of pertaining to your cash position), and everyone is just waiting for some sign that the market is beginning to turn. The tech's with few exceptions have been bearish for quite some time, I am hoping it doesn't take 1) A New President, 2) A New Year, or 3) BOTH, before we see fundamental bullishness in the stock market as a whole. My 2 cents. Jamie

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next