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Strategies & Market Trends : Stock Attack -- A Complete Analysis

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To: Jan Robert Wolansky who wrote (5056)1/22/1998 10:21:00 AM
From: Chris   of 42787
 
jan,,

i really do respect doug r.'s apco analysis... however, my weekly charts are not confirming with any big move.. i do suspect that this rally is over for apco..

however, do please know that i was wrong on apco in that i was saying it would go down.. (to trackman 1 month ago)... however since then my dailies have turned up...

apco is hitting resistance at 7.3? (im not sure of the figures exactly), but i do not think it break out of it.

im also aware that no one can get an accurate earnings date.. that is dangerous in my opinoin b/c you know how bad TA is when earings come out..

so, what im saying is daily is a buy (but close to overbought) and weekly is a sell signal..

maybe doug can shed some light..

just another man's opinoin..

** please note that apco's pattern is: 1-2 surge and 3-4 weeks basing.. so what you saw yesterday (7% pop), might be it..

today, apco +1.79% at 7.125

we will see..

congrats on your BTIC trade..

picks im wathcing is PTIS, COBR
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