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Strategies & Market Trends : Point and Figure Charting -- Ignore unavailable to you. Want to Upgrade?

To: Bull4Now who wrote (10733)	12/2/1998 10:18:00 PM
From: Ms. X	Respond to of 34811

I'm thinking you don't like ASND Bull, hmmmm.... It would be a pure speculation play. Everything is stacked against a short right now. I can say that there is resistance at 59 and if it stalls there it may indicate the stock is slowing down, but this too would be speculative. If it moves to 54 it would break a double bottom and indicate at least that supply was for the short term, taking over. The short of it is (pun), no. It isn't set up for a downside play. Now watch it drops 30 points tomorrow....