Ascend Communications (ASND) Message Board

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Technology Stocks : Ascend Communications (ASND)

ASND 208.87

+2.9%

Jan 12 3:59 PM EST

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To: Pullin-GS who wrote (7126)	7/21/1997 1:28:00 PM
From: MulhollandDrive	of 61433

Paul, I now use a strict sell strategy on any of my stock winners, but it requires vigilance. If I have a stock that has made a strong up move I will sell and take my profit if it retraces over 20% of the gain, that just about coincides with the 30 DMA. While I've had a few reverse and go back up, this still seems preferable to riding a stock "back down". You can always buy back in if it warrants. PS: AIPN, I always second guess trades! If I make a trading mistake, I tend to analyze it to see where I went wrong, maybe make my money back on the "flip side". Was curious if a trading pattern was developing on AIPN.

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