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


To: username who wrote (28775)12/28/1997 10:23:00 PM
From: W. Clinton Terry  Read Replies (1) | Respond to of 61433
 
Pete:

Thanks. Did you look at the site? It was not only block trades but also non-block trades. This does not mean that the stock will go up, only that there is a positive flow of money into the stock. Is it not possible for more money to go into the stock without having a large effect on its price? Where this occurs, this could be read as a pending reversal, especially if it continues. It could also mean that the stock is still going down but that there is a bear flag here...as Scott so aptly explained to me.

Cheers

Clinton