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Non-Tech : APCO Automobile Protection Company

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To: Sergio H who wrote (708)1/12/1998 4:52:00 PM
From: Amigo Mike  Read Replies (1) of 3351
 
Hehehehehe ...... you know that is pretty accurate. I don't see many good buys out there right now. The market is on pins and needles.

I was just looking at the volume charts for the last few days and what really frosts me is that APCO fell below 6 1/2 to 6 1/8 the other day on a total of 25,000 shares traded. That really FROSTS me. Trading after the drop was much higher and the stock rebounded signaling there are buyers at the ready on any weakness in the stock. =)

APCO is still weathering this ugly market quite well. The technicals appear very weak right now. Volume has trailed off of late. I would be more concerned if the downturn was on higher volume but so far it is light. APCO is holding the 50 dMA so far. Lending good support.

The time is coming near when APCO surprises .......
Mike
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