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Non-Tech : RPC (former RPCX) on AMEX

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To: admiral who wrote (9)6/13/1997 6:21:00 PM
From: ernie de la fuente   of 15
 
I do my TA each weekend. So far it is encouraging that we see strength here but the market just had its best week in history. I will be looking at support levels this weekend as old resistance can become new support. I still see nothing exciting here yet! Volume is average. One thing to note, I have a hunch that some brokerage firms are pushing this as there seem to be some new names out of the blue posting here and Prodigy on RPC. That may explain the buying we have seen but then where is the inventory coming from? I wonder if some big fund is dumping?
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