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Non-Tech : APCO Automobile Protection Company
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To: Manny Gugliuzza who wrote (614)12/25/1997 12:16:00 AM
From: Amigo Mike  Read Replies (1) of 3351
 
Hi Manny,

At this point, there are two acceleration lines below our current price. The closest is around 6 1/2 and is pretty sharp and is a short term line. The second acceleration line I see is around 6 1/16, is not quite as sharp and provides much longer term support.

I don't believe APCO will break the closest trendline just yet. Of course there is this slow market and year end positioning right now that could change that quickly. But as I see it, there are quite a few people drooling over the opportunity to buy APCO cheaper, including myself. That is one main reason why I don't believe APCO will drop much at all and if so I think it will bounce almost immediately.

I wonder why it was difficult to fill a market order on APCO today. That is very intriguing. Most brokers would confirm a market trade almost instantly. Nukeit ... have you had difficulty like that in the past ????

Mike
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