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Technology Stocks : Ascend Communications (ASND) -- Ignore unavailable to you. Want to Upgrade?


To: giddy guru who wrote (20618)11/3/1997 11:40:00 AM
From: Jurgen  Read Replies (1) | Respond to of 61433
 
gg,

why the hell should someone hold from the mid 40's ? You should sell when you're down 10%, you MUST sell when down 15% unless you can't average down (don't try to average down a falling knife). Even without any TA the chart and the news were screaming DOWN DOWN.
When you still like your baby, reenter lower and save the money inbetween. I know, it hurts (lost $$$ on ASND like anyone but shorties)! Just IMHO of course..

It looks a little bit stronger now, maybe i get in once it trades above 28 again. Am I crazy ?