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


To: W. Clinton Terry who wrote (28799)12/29/1997 7:29:00 AM
From: scott maragioglio  Read Replies (1) | Respond to of 61433
 
Clinton,
I'm going to guess you don't have alot of experience, correct me if I'm wrong. I want to make this clear to you for your future reference, STOCKS DON'T TANK WHEN $$$ IS FLOWING IN!! STOCKS GO DOWN BECAUSE THERE ARE MORE SELLERS THAN BUYERS. You have to grasp that before you can go any farther. Next a 5-10 point rally is great if your a trader w/ a disipline, which you don't sound like, rallys like that are called "suckers rallys". ( a technical analyst will tell you to watch for a continuation pattern). As far a january rally everyone is counting on it so much that I am starting to doubt that it will happen .