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Non-Tech : APCO Automobile Protection Company

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To: TATRADER who wrote (883)	1/26/1998 11:24:00 PM
From: Cary C	Read Replies (1) of 3351

Welcome Mark (even though it might only be for 5 days <g>). Its nice to have the 2 best TA guys I know here.Now if I only understood yourlanguage. I must admit that I would prefer it if you guys both agreed it was going to go up. I welcome all opinions though because it makes me a better investor. Earnings are due out first of next week. Even though you told me I had to factor in for people selling and taking profits, it seems that 3 million in overhead is awful high considering there was only a total of approx 850k shares that had traded over 7 at the time. Could you possibly break that down for me so I could understand it better. Accumalation vs. Distribution on 1/22/97 still confuses me. Unless Internet Trader is wrong(entirely possible - wouldn't be the first time). It showed that there were 3 to 1 buys vs. sells and that most of the sells came later in the day on lower volume. Wouldn't this mean accumalation or is it more predicated on closing price? Its refreshing to see a difference of opinion. I only wish that it was on the FA side so I could speak more intelligently about it. Like you told Doug, any further education you can give me would be greatly appreciated. Cary

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