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Technology Stocks : Ascend Communications (ASND)

ASND 209.98

+4.3%

3:59 PM EST

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To: Tim Luke who wrote (15811)	10/1/1997 1:16:00 AM
From: Ross	of 61433

Tim: You said.. "I know I'm negative but that's the way I see right now, can you tell me what is positive at this time?" My trading program shows substantial support in the $30.00 area. Many momentum oscillators are diverging (short term). And two proprietary technical indicators (I'm using "Advanced Get" from "Trading Techniques") are indicating a turn, support or both.. I believe that if there is a move up, in the next few days, it could be followed by a test of the low, as you suggested. Advanced Get is a Elliot wave analysis program and this is either EW3 (down) or EW5 (down). Ross

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