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Non-Tech : APCO Automobile Protection Company

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To: TATRADER who wrote (883)1/26/1998 11:40:00 PM
From: James Strauss  Read Replies (2) of 3351
 
Volume Is The Key...

Mark:

Very good analysis...

We have positive MACD, and RS... MoneyFlow has turned from negative to slightly positive... What we need is more volume to power the stock higher...

There is great anticipation of an excellent earnings release... Yet, the current level of volume seems to be contradicting this...

I added to my position several times based more on the Fundamentals than the current TA... I have not ruled out possible market maker shenanigans that may be depressing the volume so shares can be sold from inventory at higher prices... Regardless, the anticipated earnings should positively impact the price on a large volume surge in concert with the earnings release...

Jim
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