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Technology Stocks : Ascend Communications (ASND)
ASND 209.02-0.7%Nov 24 3:59 PM EST

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To: joshi who wrote (29832)1/9/1998 3:06:00 PM
From: Jim Lou  Read Replies (3) of 61433
 
A senior researcher (forgot his name) was extremely bullish on CNBC this morning. He said both DOW and Nasdaq are seeing higher lows, that a reversed head and shoulder was formed on both markets. He said there is a big short volume which TA analysts like. He even said "high tech, that's where we are." About japan, In yesterdays's Q&A session in DC, with the jananese minister of economy, the minister believes that japan's fundamentals are good, that japan should be on the track of recover when cherry blossoms. Comments?
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