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Technology Stocks : Ascend Communications (ASND)
ASND 208.59+4.1%Dec 4 3:59 PM EST

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To: hpeace who wrote (15040)9/29/1997 8:31:00 PM
From: Randall Stern   of 61433
 
Don't get me wrong, I commend you on your success. I am not one to bash other people's "ways". In fact, the only reason I use this thread, is to inform and be informed. I respect the opinion of others (well, most others). So, if you have found a "way" that is comfie for you, that's great!! These charts make me feel comfie, and helped avoid buying too much of this stock to early, and actually allowed me to pop out of positions at 38.625 the other day!!! As someone mentioned earlier about AMD's recent price movements after their "warning", (going up instead of down in the following days) that is explained by technicals. Why? because there was no GOOD news at the time, so, what made the stock "bottom" and turn?? The point: as long as you and I both know when to pull our respective triggers, neither of us should get hurt in the crossfire!!! If my chart tells me it's time to buy ASND this week I will, AND I'll let you all know....realtime! Good Luck To You!!!!
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