Ascend Communications (ASND) Message Board

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Technology Stocks : Ascend Communications (ASND)

ASND 202.96

-2.8%

Jan 9 9:30 AM EST

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To: Saif Saifee who wrote (9312)	8/20/1997 2:38:00 PM
From: Jeffery E. Forrest	of 61433

I agree. I have established a HUGE position in ASND after adding to it in the 43-44 range from last week, and will hang on for a while. When it filled in that gap/window it was a stone-cold STEAL at those prices! I'm a trader, but I don't tend to daytrade. Instead of scalping points like Paul and TIM, I go for a more "macro-move". I usually hang on to a trade for a week to a month unless I jump on something that goes up 100% in a day. (ex.-GERN last FRI.) I have nothing against daytrading (like some folks on this thread seem to), but it's just not my style. A good Candlestick primer is Steve Nison's "Beyond Candlesticks". It's kinda expensive ($65), but worth every penny. Combining candles with Western style TA makes for a VERY potent tool.

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