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

To: gbh who wrote (50053)	7/15/1998 11:09:00 AM
From: Sector Investor	Respond to of 61433

<<When I decide to trade full-time, I'm coming to you for lessons.>> Me too - but what does he charge? <g>

To: gbh who wrote (50053)	7/15/1998 11:36:00 AM
From: Darren	Respond to of 61433

Darren, hope you didn't get greedy and wait for 53 7/16 to short. Damn good call though. Off by only 3 teenies. When I decide to trade full-time, I'm coming to you for lessons. 53 for me. It has been like pulling teeth though. I would guess it is safe to hold it all day. I don't see buyers running in...this is a pretty normal pattern for earnings (even blowout earnings) unless there is some unusual news to go with it. Remember YHOO? The kicker is that this is the current pattern -- doesn't mean it will work in 3 months. "Buy the rumor, sell the news." Since I've been typing, there's some buy pressure. May see 52. I still think short term momentum is down... Lessons are free. In return you have to suffer the losses for the 25% of the time that I'm wrong as hell...