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Non-Tech : APCO Automobile Protection Company

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To: Alexander who wrote (1387)3/4/1998 5:36:00 PM
From: Magnatizer  Read Replies (2) of 3351
 
For those who dig P&F

To: David Jameson (1395 )
From: wizzards wine Wednesday, Mar 4 1998 4:48PM EST
Reply # of 1398

David, APCO has all POSITIVE signals. Vertical gives a target of 16 I think, it starts below 5 and I believe that you use a factor of .25 if your below 5. Maybe Jan can confirm. Anyway, it formed a double top buy sign on 2/18/98 and has no resistance, all blue sky. Also no history at this level. The last column of O's had a low of 6 so 5.5 would give a sell signal and be your stoploss. Would be nice if you could get it on a pull back to 7. Better risk to reward.

Just my thoughts.
Preston

From what I understand Preston is new to P&F but his reads seem to be accurate according to Jan (P&F Madness) She rarely if ever has to correct his calls.

happy trades
David
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