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Technology Stocks : Ampex Corp: Digital Storage
AMPX 11.55-7.5%Feb 10 3:59 PM EST
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To: Richard Spitzer who wrote (267)8/23/1996 12:23:00 AM
From: charles moore   of 3256
 
Rich:
I went back and checked my charts. I had been thinking of
MTY as I mentioned because I had bought more.I then went on to mix
up AXC with MXP.I have my TSV in AXC set ar 9 which is the lower
end of the Short term indicator range. What I show is TSV bouncing
off the bottom of the graph and going straight up and at this point
touching the "0" line and not penetrating it which would say neutral
to me. Other stocks that I have noticed have gone up the next day
at this point although I will admit BOP is usually stronger and at this point is a small yellow positive as opposed to a stronger
indicator of green. As to the regression lines there are two and it
is my understanding that the shorter is short term and the longer is
long term.As I mentioned before I do not rely on these solely for
purchasing but as a tool for timing either to purchase or to sell.

My other opinions as to AXC are still the same.TSV is previously
above the "0" line in this window about 1/2 way between the "0" line
and the upper portion and which is almost straight across but which
I would consider wavy. Then it shoots negative to the bottom and
then today is shooting almost straight up and is touching the "0"
line and if it keeps going in that direction will pierce it and go
positive. I only went back one year in Historical.Hope that clears
it.

Charles
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