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Technology Stocks : Ascend Communications (ASND)
ASND 209.41-0.3%12:16 PM EST

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To: Jeff Briley who wrote (29463)1/6/1998 9:34:00 PM
From: Bud Fox   of 61433
 
The short term trading cycle for ASND has been topping out around 27.5. So your short would generally be a good idea. However, the volume dropped off today. A reversal on weak volume doesn't usually hold.

Be careful and be ready to cover if volume picks back up tomorrow.
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