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

To: Land Shark who wrote (37119)	3/2/1998 4:24:00 PM
From: FUZFO	Respond to of 61433

Yields, Right now I would like to play a Rip Van Winkle, seriously though unless there's something lurking out there, just the 33% retracement rule kicking in. I used to trade futures and read a TA book by Jake Bernstien which pointed out this rule of thumb. I did not expect it to happen today though. Anyone with TA knowledge comments? Fuzfo

To: Land Shark who wrote (37119)	3/2/1998 4:35:00 PM
From: Jurgen	Read Replies (1) \| Respond to of 61433

Ouch, what a haircut ! The magnitude of the hit is what surprises me. (down more than 6% on no news). Seems some investors are still sitting close to the exits. Volume was below average. What happens when the latest DOW/Naz run comes to an end ? Earnings concerns might resurface. Warning season is just about to start. oh well..hope it does not hit my stop Jurgen