Ascend Communications (ASND) Message Board

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Technology Stocks : Ascend Communications (ASND)

ASND 218.21

+0.8%

3:32 PM EST

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To: The Phoenix who wrote (59472)	1/21/1999 4:33:00 PM
From: Don Pueblo	Read Replies (1) of 61433

Not a buying opp'ty IMHO. The COMP is at a very critical support level. I have a sell signal from Tuesday on the COMP, I would wait and see if the buyers come in tomorrow afternoon. If they don't, then Monday could get real ugly. Lots of good news on earnings...but the buyers were not there today. How much longer can this screaming rally go on? Beats me! If the COMP holds here around 2300 and then can't rally, I would look for a bad week next week. Where we are now, the money is on the sidelines, waiting to see where the market will go, IMHO.

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