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Technology Stocks : Ascend Communications (ASND)
ASND 216.91+3.0%12:05 PM EST

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To: BBoron who wrote (20075)10/30/1997 11:36:00 PM
From: Augustus Gloop  Read Replies (1) of 61433
 
Ahh good to see rational thought. As for the International Markets these are just another reason for Wall Street to squeeze valuable stock from weak over margined hands. We will re-test 7050-7150 to find out just what kind of moxy investors have. Then as Tim Luke said...look for a blockbuster move for the remainder of the 4th qtr.
For those who kept cash on the sideline MERRY CHRISTMAS!! The silver lining of this whole deal is that the fed has been put out to pasture for a while clearing the way for the 30yr long bond to push below 6% which should happen in the early part of 98. Keep your pants on stay cool and start digging in your couch for change....there is a mighty nice sale going on down the street.....WALL STREET!
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