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

To: michael who wrote (23460)11/14/1997 1:27:00 PM
From: pae  Read Replies (1) | Respond to of 61433
 
What friday effect should we expect? If you were short, would you want to be short across the weekend? Who has the greater news exposure at this point in the chart, the longs or the shorts? Are the shorts hoping and praying for that late day sell-off to cover? Will they cover whether or not they get their sell-off?

Sure wish Saddam didn't have his thumb in the soup.



To: michael who wrote (23460)11/14/1997 1:29:00 PM
From: Harry Ehrlich  Read Replies (1) | Respond to of 61433
 
The problem is that ASND is up under no volume. To me, this means the market is not behind the move. I would be careful right now. I'm looking for an entry point, but I don't think this is it. I'm tempted to short.

Harry


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