APMP (formerly APM) Message Board

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Strategies & Market Trends : APMP (formerly APM)

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To: appro who wrote (2030)	8/19/1997 5:50:00 PM
From: Greg R	of 13456

Appro. Hmmmm - and here I was about to congradulate you on a good move at selling APM for $35. I wouldn't touch it with a 35 foot pole at this moment. First I complained that it was tied to the DOW action. This afternoon it went its own way. Down. While the DOW went up. Not good I still believe the DOW is going to turn tail. Our latest newsletter from Inpathique shows the DOW came to rest against the underside of the old bull-set's boundary line. Not good. (But maybe this time APM will go up if the DOW goes down???? I'll wait and see.) To make it worse, the DOW's bear run earlier was even steeper than originally expected and this mini-bear run has had to be redrawn with a steeper decline rate. Not good. APM's best value today only got it up to the trend line that would just take it to its cross over point next month. OK, but not good enough for me to RISK money when I believe the DOW is about to go in the tank for awhile. My views for what they are worth. Greg

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