Ascend Communications (ASND) Message Board

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Technology Stocks : Ascend Communications (ASND)

ASND 210.50

+0.5%

Nov 21 9:30 AM EST

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To: sepku who wrote (23874)	11/18/1997 9:53:00 AM
From: Chi-X	Read Replies (4) of 61433

Well, I'm out of COMS at $34 from $30 1/4 Friday. Would love to buy and hold but that's only if its going up and I have a 10 point cushion. CEO is gonna be on CNBC today but I think it's shot its load for the week. "Then where's the fun? I daytrade for one reason: the rush. Nothing beats it. That's probably 90% of the reason why most SOES raiders keep throwing their capital away to losses, commissions, and taxes." Yes, daytrading can be exciting but for me it's my occupation. I get my income through trading so I can't go throwing money at everything that comes along. I need to be more selective, decrease risk and prevent losses. Cheers, Chi-X hath Spoken! "There shall be no bouncing, before its trouncing"

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