Ascend Communications (ASND) Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Technology Stocks : Ascend Communications (ASND)

ASND 205.50

-1.5%

Dec 5 3:59 PM EST

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Jeffery E. Forrest who wrote (42540)	4/7/1998 12:30:00 PM
From: Satyr	of 61433

Averaging down works if you have specific targets in mind. Say you bought yesterday at 39 and the stock tanked like it did. To add more at this level looking for support at the 20day MA would be a good move. The trick is to admit your wrong if it goes through that support and take your loss. Just averaging down and holding is a bad trading strategy.

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next