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Technology Stocks : Ascend Communications (ASND)
ASND 206.52-1.2%Nov 25 3:59 PM EST

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To: gbh who wrote (50513)7/28/1998 5:02:00 PM
From: Darren  Read Replies (2) of 61433
 
So I guess you will soon be 100% cash. Might not be a bad idea. I remember your call from months ago about "the big one" coming in October. I guess Barton Biggs has joined the Darren school of thought.

Mixed emotions. I'm hoping there is some run left, but I think it's time to lock in what is there and move over to the short term. I have never had much luck with the 2nd half market, which is why I typically stay out of it. This time, I'm trying to walk the line between patience and mania...

I certainly want to be more cash than I am now. I don't know how you could be 0% cash in this chop. That would eat at my stomach...

ASND returned OK in later trading, INTC on the other hand didn't fare so well. Would have liked to see a close above the open. Already worried about tomorrow, but 10ma is up, 50ma is up and trend is up, so I could be worrying about nothing...

re: Barton Biggs. More likely to rely on someone like Jerry Favors...and the Darren School of Thought is an oxymoron.
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