Cary,APCO, I am still handicapped, because on my real time system, I do not have time, buy, sell and volume sizes...You may indeed be correct in your observation about the buying that was going on....As far as determining overhead and the ratio I use to determine it, that is a trader secret that I don't give out....I will tell you, the number I calculated is way too high, since you cannot use the same calculations in virgin territory......I just noticed that this stock is in virgin territory....Dr. Zeev would probably scold me for even attempting to calculate the way I did...
As far as APCO, is concerned, I too am long-term bullish....But you have to understand, I am a hit and run trader, so I am constantly watching for reversals...That is where you make the money....
As far as Doug is concerned, I hope to be his shadow...I have tailed Zeev, Lizard, and now Doug....May the webmistress not arrest me for stalking...
Regards, Mark
P.S. Boy my IMCC and CREE are really getting hammered to the downside today...That is great, since I was just hoping to tread water for a few days... |
