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Technology Stocks : Ascend Communications (ASND)
ASND 220.42+4.9%Dec 12 9:30 AM EST
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To: Finder who wrote (9966)8/28/1997 10:12:00 AM
From: Thomas M.   of 61433
 
For some reason, I'm watching the COMS chart closely. That's what spooked me yesterday, and the signals seem clearer than those in the ASND chart. COMS is in a vacuum until ~43. I was going to sell ASND on the open, but then the Merrill downgrade hit. I have a tight stop on my shares. My gut says we need another washout, a la April and June. We have dropped out of that huge triangle, projecting to 20 if you believe it.

Tom
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