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Technology Stocks : Ascend Communications (ASND)
ASND 196.81-4.9%Dec 9 3:59 PM EST

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To: Intel Trader who wrote (14839)9/29/1997 1:49:00 PM
From: Randall Stern   of 61433
 
Then how was I able to call this retracement?? Please don't suggest that I wish for my charts to work. OF COURSE I WISH FOR MY CHARTS TO WORK!!! I do my work, and then HOPE TO GOD that I'm CLOSE!! Because if YOU think you can do better than close, you are the one doin' the wishing here!! I put my B*LLS on this thread when I told of the retracement likelihhod last week (where are your real time WISHES???) I also said that the stock should be able to get to the 35 area, possibly as low as 34 (without ANY news). The way I read the news (NTT, UUNT and now today's Bloomy news about ASND's improved 56k software) as quite positive long-term. This is ANYTHING but wishful, it's FACT!! So, I.T., why is the stock down? Because the technicals are still negative!!! They appear to be finding a bottom, maybe even today! When I look at my charts tonite, I will update you...IF YOU WISH!?! Good Luck To All!!!!!
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