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Strategies & Market Trends : Market Gems:Stocks w/Strong Earnings and High Tech. Rank

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To: David Fitz who wrote (4884)1/22/1998 9:25:00 AM
From: LastShadow  Read Replies (1) of 120523
 
ASND

First of all, my recommendation is that only experienced traders play ASND. Its extremely volatile and capricious and one needs real time intraday attention to play it profitably. I usually post it only to flag those who do play it to indicate a next day move up.

Be that as it may, if ASND opens obove yesterday's close and shows some improved lower resistance, enter. Once it levels for about 10 trades, sell it. If it starts back up, rebuy, otherwise wait for the next day.

One could make a very comfortable living just trading ASND if they payed real close attention. However, I don't know of a single trader who can do this...

lastshadow
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