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Politics : Idea Of The Day -- Ignore unavailable to you. Want to Upgrade?


To: IQBAL LATIF who wrote (13285)10/30/1997 10:50:00 PM
From: Area51  Read Replies (3) | Respond to of 50167
 
Ike,
I was considering purchasing some ASND tommorow at the open. It sure looks oversold to a novice like myself and at the low end of its bollinger band:
207.95.154.130
I will Probably close out my Dec 35 puts for a tax loss (hey who wants to buy it at 35 when you can get it for 26.5; thinking of waiting for next week to close the puts; Seasonal strength?). Finally the latest lows in ASND are not confirmed by new lows in On Balance Volume. Looks like a divergence to me, and I think we all know by now that divergences deserve our respect (Some technicians can get pretty upset when they are dismissed lightly - Just kidding you Don; my condolances on your recent loss). Best Regards to all, Garry