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Technology Stocks : Ampex Corp: Digital Storage
AMPX 12.44-8.4%Jan 30 9:30 AM EST

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To: Wayne Umfleet who wrote (729)11/28/1996 12:14:00 PM
From: charles moore   of 3256
 
Wayne:
I use Wordens TC2000 Chart and have AXC plotted going back
one year.TSV or Time Segmented Volume is Strongly Positive. BOP
shows Buying. I also plot AXC on two moving averages of 4weeks and
8 weeks. This latter has been a fairly good indicator of when to buy
and sell for trading purposes. When the 4 week or the most recent
is above the 8 week then it is usually a buying mode. If the 4 week
dips below the 8 week it usually is a good time to sell for trading
purposes. The 4 week is at this time separate and above the 8 week
and almost parallel ( no crossing of the lines).

Charles
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