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Strategies & Market Trends : The Final Frontier - Online Remote Trading

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To: TFF who wrote ()10/9/1997 1:02:00 PM
From: TFF   of 12617
 
Greg: example #1

ASND on watchlist - been very active,volatile,in the news

today - stock moves against the market downturn which indicates to me a desire by ASND to move higher.

at midday ASND is trading 33 3/8 and giving back very little . Stock range tightening up towards the high of the day.

Bond market firms ,followed by DOW.

I buy ASND@ 33 3/8

Dow,bonds, move higher pulling ASND to new daily highs

ASND stalls at 33 13/16. DOW,bonds level off

I sell ASND@ 33 3/4

3/8 profit.

This is a good example of a Large Cap play
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