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Non-Tech : APCO Automobile Protection Company

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To: Jack Markowitz who wrote (693)1/8/1998 9:35:00 PM
From: James Strauss  Read Replies (2) of 3351
 
True Technicals???

>>>I spoke with Todd today and he was still very upbeat. He didn't have a clue why the stock price was down, but he said that Interstate was getting clobered too. The overall market was down pretty strong. I suggested it may be some margin covering.<<<
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Jack:

Fundamentally, APCO is a screaming buy.... Technically, It is approaching "Moment of Truth" time... The 34 day MA was violated for the first time in a long time... The 55 da MA is at 6.30, and the 89 day MA is at 6.00... MoneyFlow is negative... It is very odd to see this accumulation of negative technical factors in a stock that is suppose to surprise on the upside... Unless????

Jim
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