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

To: Greg h2o who wrote (39850)	3/18/1998 5:50:00 PM
From: Bill Boy	Read Replies (1) \| Respond to of 61433

<What happened to all of the smug traders who were certain we were going through 40? Isn't it amazing how all of those indicators just failed to let everyone out at the top? > Well, not entirely true, Greg. Message 3585304 The second failure at the 200 day moving average on 3/11 certainly took me out of the rest of my holding, and then there was a third one on 3/13 with lackluster volume for good measure. We're at natural support at the 50 day m.a. as of today, but short term RSI and stochastics are weak, so I probably will be content to miss out on any possible pre-expiration rally. If it doesn't hold in here, I would think fibonacci support around 29 would be a logical target. Bill S.