SI
SI
discoversearch

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.
Non-Tech : APCO Automobile Protection Company

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: James Strauss who wrote (2108)5/7/1998 11:41:00 PM
From: Robert Bushmiaer  Read Replies (1) of 3351
 
James:

I also agree on KISS method of TA, too many spend
to much time making it complicated. Watch the MA
cross-overs and the bounces off MA support, simple
but it works most of the time.

APCO is sitting on its 50-dma, on the positive side
the last few trades today were at $12.38. Tomorrow
will be decisive for APCO either we will be headed
back up or as you stated down further to test the
next support level in the $11.88 area. A close at
or above $12.38 tomorrow would be bullish and clearly
signal a short term bottom. Biggest problem tomorrow
will probably be the market in general, sure wish APCO
could have delayed earnings for about 30 days. Still a
good company, patience is probably the best policy at
this point.

Good trading to all, be alert tomorrow.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext