Ampex Corp: Digital Storage Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Technology Stocks : Ampex Corp: Digital Storage

AMPX 10.18

-8.3%

Feb 12 3:59 PM EST

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Don MacNeil who wrote (197)	7/23/1996 1:27:00 AM
From: charles moore	of 3256

I have been spending most of my time on the AMD thread here. I do have an input on Ampex. I bought a few hundred shares at 7.I do research and get ideas from pubs such as Individual Investor. About a month ago I purchased a charting program called Wordens Telechart 2000.It is supposed to show buying accumulation and selling distribution as a "net" selling and buying versus two charts called "moneystream and balance of power(BOP).I have noticed over the last month that when the two confirm each other as net selling the stock goes down as witness AMD. ON the thread I posted messages when it was at 13 that both showed selling about three weeks ago and it closed at 10 7/8 today. I follow 32 stocks at this time.I mentioned IDTC on the AMD thread at 11. Since then the stock has been as high a close at 14 1/4 and closed today at 11 3/4.When the two confirm buying a stock either goes up or relatively speaking goes down very little. Only 5 of my 32 show this buying confirmation.Ampex (AXC) became one of them two days ago.What the buying means I cant say.Only what the charts have said so far. Charles

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next