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Strategies & Market Trends : Bosco & Crossy's stock picks,talk area

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To: Bosco who wrote (2133)10/29/1997 5:17:00 PM
From: Iris Shih   of 37387
 
Bosco,

This is my thought on asnd. There is no need to try to catch its absolute bottom. For a stock in such downward trend, it won't go up straight in a short period. Let it find its new bottom and rangebound for a while. If it can make higher lows, then it's safe to move in. Watch pair chart and you'll know what I mean. I also agree with you to buy cheap out of money calls on it instead of stocks to reduce risk.

Iris
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