Ascend Communications (ASND) Message Board

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Technology Stocks : Ascend Communications (ASND)

ASND 206.52

-1.2%

Nov 25 3:59 PM EST

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To: pae who wrote (23444)	11/14/1997 10:39:00 AM
From: Harry Ehrlich	Read Replies (1) of 61433

when I bought what I thought was an upside breakout at 55 but instead turned out to be a local top I would have appreciated some bearish sentiment. Excellent point. I have been short ASND lately, but by no means am I a bear. I am on the sidelines and looking for an entry point to buy. I have made many negative comments on ASND lately, not because I am a bear, but because ASND is in trouble. In much of my reading, it has been pointed out that longs in a declining position will tend to hug positive comments/posts/articles and reject negatives. This is human nature. We wish to justify our position. But in a trader/investor, this can be fatal. We should weigh both sides of an issue. Just trying to stay on the right side of the trade. Good luck to all. Harry

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