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

To: Glenn D. Rudolph who wrote (42427)	4/6/1998 9:19:00 PM
From: Jeffery E. Forrest	Read Replies (2) \| Respond to of 61433

Looks like ASND wants to give us our wish doesn't it? Most of the NAZ looks shakey Technically and I would expect a bit more weakness which should take ASND down along with it. ( I don't expect a crash or anything, just some short-term weakness) Good strong support at 35 though. Not only is there support from the "infamous gap" that I've been yakking about, but also from the peak of late Oct. and the Gap of Feb.2-3 A little early to tell, but it also looks like the 50 and 20 DMA's could also merge right about at that area at the same time the price arrives there and really stiffen up support. ______________________________________________ BLDPF be crazy, eh?<G> I had to sell it on the open. It gapped open bigtime. Glad I did as it reversed pretty good. Not sure when/if I'll re-entry