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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: Tim Luke who wrote (36193)2/24/1998 10:18:00 AM
From: Greg h2o  Read Replies (1) of 61433
 
Tim, first let me clarify something...I'm certainly NOT a "trader". Don't want to be, never will be. I think today's "trader" thinks he/she is brilliant. It doesn't take a genious to make money in bull markets like we've been experiencing. Now, when the traders start getting stuck with some of those stock they bought "just to make a day trade," it will be interesting to see what happens. If ASND (and I'm only using this as an example) went down 5 points today, would you trade out of it?
regards,
greg
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