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

To: gbh who wrote (46981)	5/15/1998 2:10:00 PM
From: Darren	Respond to of 61433

I thought we were bouncing. It looks like we penetrated 1117 on the down side. You may get 44 1/4 if you have the hueblos...I do think that options tug will eventually bring it back to the pivot...right at 1117-1118. Waiting to see if this one will bounce... Chip stocks are still tanking. I just watched ALTR go below 39, which is a pivot...INTC, DELL have no buyers. Unless I see something positive, I'm not sure the FOMC meeting will even propel the market higher. Indonesia, etc. are starting to scare me as the day rolls on. I expected something positive today...

To: gbh who wrote (46981)	5/15/1998 2:16:00 PM
From: Darren	Read Replies (1) \| Respond to of 61433

Tons of support at the 1/2, waiting for the Bid to peel...if it does, you'll get 1/4...futures must go up, if we are to believe the support at 1117 and resistance at 1123. So far, no peeling...we're bouncing off the lows. Going up for the 2:30-4:00 run...no doubt about it now...