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


To: Tim Luke who wrote (52086)8/14/1998 1:05:00 PM
From: thebeach  Read Replies (1) | Respond to of 61433
 
Can you elaborate on your prediction with a few scenarios.Personally I think we need a healing period of sideways movement and the cash will roll back in.



To: Tim Luke who wrote (52086)8/14/1998 1:16:00 PM
From: Sonny  Read Replies (1) | Respond to of 61433
 
Tim: With all due respect, you must be hoping internally that "Gosh, I hope not many people think like I am doing right now" ... because as a professional and successful trader you know it very well that Market has a tendency to inflict maximum pain to maximum position holders ... so if everyone believed that its gonna hit sub-44, it won't and would rally. How's that for reflection- psychology? :-)

cheers,
-/Sonny.

btw: 1 more thought: in that paradigm, me_the-super-asnd-bull, turn out to be your best buddy, isn't it? :-)