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Technology Stocks : Ascend Communications (ASND)
ASND 200.28-1.0%3:59 PM EST

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To: Gary Wisdom who wrote (40407)3/20/1998 7:04:00 PM
From: AlanH  Read Replies (1) of 61433
 
If the Dow goes down 500 points next week, we'll be back up to $37 in no time

Gary, can you help me to understand your reasoning?

The reason for my question is that there is a strong probability that the DOW *will* reverse next week. This does not imply that 500 points will be given up, rather that some recent gains will be eroded. So, your thinking is helpful.
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