Ascend (ASND) Traders Message Board

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Technology Stocks : Ascend (ASND) Traders

ASND 197.59

-0.8%

Nov 7 9:30 AM EST

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To: Brad Hill who wrote (142)	9/15/1997 10:46:00 AM
From: Nazbuster	of 369

Brad, > Daytraders--good luck! <g> Gang moves don't make any difference > with this kind of volume. Cut losses quickly when you guess > wrong, and try again later. When the action slows (if ever) and you have the time, can you illuminate what REALLY makes the difference between DAY GUESSERS and DAY TRADERS for us novices? (TIM LUKE, please feel free to jump in! I can see you really know this subject! EMILE, you seem much more a long term person, but I respect your opinion, too.) I'm much more of a long-term person, but REALLY want to understand how to read the day/intraday moves with some measure of real intelligence rather than a wet finger. I can understand the comments of waiting for the volume to clear before accepting that a price has stabilized, but can't help look at the volume as a trading opportunity, but one for which I have no clue on how to capitalize!

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