Ascend Communications (ASND) Message Board

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Technology Stocks : Ascend Communications (ASND)

ASND 205.50

-1.5%

Dec 5 3:59 PM EST

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To: Don S.Boller who wrote (55573)	10/8/1998 5:43:00 PM
From: Mighty Mizzou	Read Replies (1) of 61433

No Don, it is still a correction. The reason it looks like a bear is because the market has gone straight up the past five years. With that much appreciation, a comparable correction is going to be ugly, the worst correction we have ever seen. But we have never seen a bull market go up this high for this long either. It is still within perspective. Keep an eye on interest rates, unemployment, and inflation. These are the three keys to a bona fide bear. Trading money is just like trading stock, it comes and it goes. Actually, the yen going down is good. It shores up Far Eastern economies and is definitely deflationary for the US. I dont think deflation is a concern because we are not even close to a recession. Business is good in the greatest of all nations! GO ASND!!!!!!!!!!!!!

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