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

To: yojim who wrote (35916)	2/23/1998 4:32:00 AM
From: Falcon	Respond to of 61433

THIS IS WHAT SUPERCHARTS WAS TELLING ME THIS WEEKEND: Mov Avg 2 lines Indicator: Conventional Interpretation: The market is bullish because the fast moving average is above the slow moving average. Additional Analysis: The market is EXTREMELY BULLISH. Everything in this indicator is pointing to higher prices: the fast average is above the slow average; the fast average is on an upward slope from the previous bar; the slow average is on an upward slope from the previous bar; and price is above the fast average and the slow average. WARNING: Market momentum slowed down on this bar. This is indicated by the fact that the difference between the two moving aveage lines is smaller on this bar than on the previous bar. Its possible that we may see a market pullback. On Balance Volume Indicator: Conventional Interpretation: On Balance Volume attempts to identify the beginning of a Bull or Bear market move by looking at divergences between OBV and the underlying market. No major divergence currently exists. A major divergence occurs when the market reaches a 45 bar high or low which is not accompanied by a similar move in On Balance Volume. AdditionalAnalysis: The long term trend, based on a 45 bar moving average, is UP. The short term trend, based on a 5 bar moving average, is UP. A 45 bar new high here was confirmed by an 45 bar new high for OBV. Since no divergence exists, OBV is neutral. The current trend should remain intact. Stochastic- Slow Indicator: Conventional Interpretation: The SlowK line crossed above the SlowD line; this indicates a buy signal. The stochastic is in overbought territory (SlowK is at 87.62); this indicates a possible market drop is coming Additional Analysis: The long term trend is UP. The short term trend is UP. Even though the stochastic is signaling that the market is overbought, don't be fooled looking for a top here because of this indicator. The stochastic indicator is only good at picking tops in a Bear Market (in which we are not). Exit long position only if some other indicator tells you (none does)