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

To: gbh who wrote (46962)	5/15/1998 11:29:00 AM
From: Darren	Read Replies (1) \| Respond to of 61433

Did anybody see the quick blurb on CNBC about a correction being imminent because of some indicator that was 7 out of 7? It was something to do with "advance/decline" and S&P? Every time something had happened, it resulted in a 1.5% to 10% correction... Not trying to spread FUD, trying to evaluate the indicator. I also did a 30 day futures chart last night an found all these triangles pointing to Tuesday, and a narrowing range until then. Like clockwork, that is what we are getting today. Futures are narrowing between 1119 and 1124...which if correct, would point to a breakout next week if the Fed goes positive...