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Technology Stocks : ASD Systems, Inc. (ASDS)

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To: Bill Lotozo who wrote (363)12/14/1999 10:08:00 PM
From: Susan Saline  Read Replies (1) of 491
 
first few trades on momentum

then out

next trades based on charting

ASDS had to find a support after the huge run up to the 30's

that's called consolidation ... or basing

that's what we must show the patience for ...

after the base period ... where all weak hands are out ... then she has the ability to move back up

we have been in the base period for the last 5 trading sessions ...

the spikes we see occasionally show the traders are tap tap tap ... then once we start to move up slowly ... the momentum comes back ... it is a patient period ... as many have heard me say before numerous stock rises

ie. isld init dddc rmkr pvsw ... they all has to go thorough the basing

resistance point is 21.50 ... once we clear that point we should again see some nice movement ... when?

ah .... a matter of patience

edit ... mogul ... had forgot about ppro ... that was a month long wait to clear the 40's ... then again I sold too soon in the mid 70's arrrhhhggg

bill ... you could help with not letting me sell too soon ... recall ISLD too?
sickening
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