ASCEND 1997 : The reasons why it will descend. Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Technology Stocks : ASCEND 1997 : The reasons why it will descend.

ASND 205.50

-1.5%

Dec 5 9:30 AM EST

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: shdu who wrote (7)	1/15/1997 4:51:00 PM
From: Potato Farmer	of 122

>>Message from shdu on Jan 15 1997 4:32PM EST >>My lesson is as what Peter Lynch said: " You can never catch the second train" shdu - When you are chasing fast moving growth stocks (where you are looking for 2x, 5x, 10x profit) Peter Lynch is right. Use weakness as a chance to double up. Ascend presented such an opportunity 2 weeks ago. When you are looking at more stable stocks, don't use that theory ! Buy on weakness, sell on strength. I've bought HWP 3 times in the past year, always below 40 (split adjusted) and always sold (too early) at 45-50. I've done the same with others. I'm just pointing out that high fliers have a totally different strategy than plain old growth or value stocks. P.F.

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next