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Technology Stocks : Ascend Communications (ASND) -- Ignore unavailable to you. Want to Upgrade?


To: jas cooper who wrote (18828)10/23/1997 11:46:00 AM
From: Emile Vidrine  Read Replies (1) | Respond to of 61433
 
" So what are you buying at these artificially depressed prices?
Are you buying now, or is there more deceit to come before a rebound?"

These are the stocks that are set up on my purchase screens to daytrade in this artifically turbulent market.
Some I have already bought. I might keep some for intermediate moves.
Thes are not recommendations only the shares I am most interested in today. <b

Asnd
tltn
nxtl
ncdi
amtx
Pair
coms

Notice carefully how the MMs dropped the prices on almost all shares this morning when there was no volume justification for their move in the first 15-30 minutes. This is the easiest was to tell when they are manipulating the market. They were attempting to fabricate a panic. They had partial success. Notice the large MMs on the buy side and you have the key to understanding manipulation. Watch the volume,the share price and the MMs.
The artifical drop on low volume this morning was function of the demand of the particular stock. Notice how they dropped Asnd on almost no voume all the way down to 33 and the bought it heavy all the way up to upper 34s. So you have a day where the Dow is down 150 with 3+ million in Asnd and the majority of the volume in Asnd is accumulation volume. These are simple and elementary principles for experienced traders.