Ascend Communications (ASND) Message Board

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Technology Stocks : Ascend Communications (ASND)

ASND 212.50

+1.5%

12:59 PM EST

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To: Jeffery E. Forrest who wrote (9428)	8/21/1997 8:01:00 PM
From: sepku	of 61433

>>>there are many more stocks out there that are finer candidates for scalping... Well???......<g> <<< Jeffrey...basically I mean stocks with decent spread ranges. For example, on days with nice volume PRST usually has one at 1/4 to 3/8. Or check out that CYMI today! At one point it had a $1 spread! So, if you buy at the bid and sell at the ask quickly on a larger spread, you will reap more reward from the trade...usually when you scalp a smaller spread, you must make many more trades to pull similar amounts of profit. But then again, small spread usually are found in low-priced stocks so you can hold larger positions...vice-versa. The trick is finding the cheapest price WITH the biggest spread. And huge volume is a must. And if you can't buy large positions, then it probably won't be worthwhile. You can search for these types of candidates with any search program like Telescan. Style Pts.

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