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Technology Stocks : American Power Conversion

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To: Tom Reck who wrote (1718)8/11/1997 7:27:00 AM
From: Phillip Crone   of 2574
 
How sure am I that APCC will reach 21 again. I've been trading a long time, and the one thing that I have found out is that I am never sure, however I have paid a ton of tuition to this school and in my opinion over the next month or so the whole market is going to be swooning. 21 is the level of support on the chart that held for quite sometime over the past few months. I believe that APCC will either hold support around 21 or break decisively down to the mid teens. I am sure enough that I have put my money where my mouth is by going short.

Have a great da;y!

Phillip
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