Ascend Communications (ASND) Message Board

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Technology Stocks : Ascend Communications (ASND)

ASND 199.63

-1.4%

Dec 18 3:59 PM EST

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To: Mr. Aloha who wrote (13777)	9/20/1997 11:07:00 PM
From: Christopher White	of 61433

Mr. Aloha, Only in trading markets, when a stock is moving within a certain range do 'oversold' or 'overbought' signals have any significance for making a trading decision. A stock that is running, that is making a bull or a bear move, is going to constantly give overbought/oversold signals....so selling a stock that is in the middle of a bull run, just because it is overbought, or buying a stock that is in the hands of bears and selling off, just because it is oversold, is a sure means of getting a margin call. Christopher

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