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Strategies & Market Trends : LastShadow's Position Trading

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To: Susan Saline who wrote (18991)8/7/1999 3:28:00 AM
From: BoNg-N-BoNg   of 43080
 
ASND - oh yeah I remember that! it has a nickname "descend"..I traded it many times that month with small shares when support is at 40.. my last purchase before the support breaks is 41 which I triple my purchase than I usually do then the capitulation the next day started when it breaks the support ending selling it at 36 w/ a big loss!... I indeed never look back even ASND hit bottom of 21 and started to "rebound" even u guys had it posted all over the board... even the rumors of buy out started.. I just never looked back even though ASND did went back to 40's and above. then finally ASND was bought out.. that's the only time I look back but by then its TOO LATE...

moral?? I guess u need to look back.. its the only way u will find if you are in the right steps even if its painful.. (looked at APM, VVUS, VC, GIFS, WDC, SYQT..thank goodness, I sold them at loss before being totally lost)

just me..
eL...
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