Ascend Communications (ASND) Message Board

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Technology Stocks : Ascend Communications (ASND)

ASND 196.46

-5.1%

1:21 PM EST

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To: hpeace who wrote (14844)	9/29/1997 2:42:00 PM
From: Randall Stern	of 61433

I'll start this off with my own question. Are you the luckiest guy in this mkt. or just a phenomenal dart player? I think that is excellent that you have the ability to "predict" stock moves w/o any help. We may have job opening for someone of your prowess. I never said that TA was the end all, just the HELP all! I can agree with the statement that TA doesn't really help on the day of earnings. This may also explain why I have never really tried to figure out what the "#" is going to be. (somewhere between .10 and .40 is probably close) But, since this is Sept.29 and earnings are Oct.9, my TA should continue to HELP me as we move closer. TA is TA (TECHNICAL) I have been in this biz too long not to know there is also something known as fundamentals. Which brings me to one of my strict rules of trading: TRY to only trade stocks that have a good-looking LONG-TERM fundamental picture. Whether you believe it or not, this co. has exactly that, and has already paid me in SPADES, and I feel that it will again!! All TA has done is allowed me and my clients to get better prices for their purchases and sales! Here something nobody knew......THIS STOCK IS VOLATILE!!! Learn how to read the short-term TA, and you might be able to turn this volatility into greenbacks. I am anything but perfect, that's why I NEED THE HELP!!! I hope this clears it up! Let me know. Good Luck To All!!!!!

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