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


To: George T. Santamaria who wrote (55037)10/2/1998 4:36:00 AM
From: Keith Sprague  Respond to of 61433
 
Hey George,

Did your TA indicate the bear market it looks like we are entering. European markets getting hammered again. Germany broke through 4000. Hopefully they will close above 4000, and maybe we can show a positive day for a change. Not looking too good though, S+P's down 6 after being up 10 earlier before Germany opened.

Keith



To: George T. Santamaria who wrote (55037)10/2/1998 8:06:00 AM
From: gbh  Read Replies (1) | Respond to of 61433
 
George, I would be more interested in a TA that called for a downturn in a stock, when the market goes up, or vice versa. I think you may not have been feeling so good a few days ago when ASND was at 49. Recent price movement has more to do with the overall market and buyout speculation, than any technicals, IMO.

Gary