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Technology Stocks : Ascend Communications (ASND)
ASND 205.50-1.5%Dec 5 9:30 AM EST

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To: Tim Luke who wrote (33683)2/6/1998 1:16:00 PM
From: Mr. E2u  Read Replies (1) of 61433
 
Tim

OFF TOPIC**

For the record I just wanted to say "thanks a lot" for all your advice on ascend and on trading in general. After studying all my past stock and option transactions I realized I was pretty accurate on my initial position on most of my stock picks but I held on too long and ended up losing especially in options.
Starting last week I started day trading a bit and so far (considering this isn't my job, I work a 40+ hour week) I have done quite well with a lot less stress because I get out fast and limit any losses.

I just traded qcom for a 5/8 gain on 1000 shares and I'm all cash now and can enjoy the weekend relatively stress free. I'm currently reading Elder's book "Trading for a Living" and I think it is very good. Because I live in Japan it is unrealistic for me (with a +14 hour time difference) to stay up all night and trade so I'm content with 1 or 2 trades a day so I can get to bed by 3 am.

I wouldn't mind hearing your predictions on asnd or any other stocks you watch.
Thanks again
Pheonix
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