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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: jonggua who wrote (1046)12/23/1996 8:10:00 PM
From: HPilot   of 3256
 
Yes a market that drops from the opening will drive my accumulation/distribution line down. But then some indicators such as on balace volume will only look at the close from yesterday's and add the volume or subtract the volume from the total. It MAY drift down tommorrow! But the long term is so positive I don't want to waste my time worrying about it. I'm liquidating other positions tommorrow and buying more Ampex. The market is so good to us to let us buy in the 10's after an announcement like today's! Don't worry when Jan comes around other drive makers will be found kneeling in front of Bramson's door!
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