Ascend Communications (ASND) Message Board

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Technology Stocks : Ascend Communications (ASND)

ASND 207.04

+0.7%

Dec 8 3:59 PM EST

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To: Greg h2o who wrote (37221)	3/3/1998 10:58:00 AM
From: Jurgen	Read Replies (1) of 61433

(Good ?) Morning Greg, yes, i'm out and i'm not too glad about it. But in this case it's profit taking and that makes it easier to sell. (BTW, i do not place a GTC order) I use a blend of "tea leaf reading" and fundamental data. Sometimes i'm wrong, sometimes right. I lost money with a "lets wait,see and hope" strategy. Now, when i buy something, i set up a game plan with an initial stop loss and a profit target. If the trade goes against me, i'll sell. When it goes up, i'll adjust the stops. On the one hand hand, i might miss something. On the other hand, i protect some of my money. I hope your strategy works better than mine ! Jurgen

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