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Non-Tech : APCO Automobile Protection Company

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To: Jurgen who wrote (2043)4/28/1998 2:15:00 PM
From: Magnatizer  Read Replies (1) of 3351
 
Jurgen

Glad your recovery was swift.

the IL I mentioned earlier is at 15.25. On a normal stock the IL is pretty stiff resistance. In recent history APCO has continued to defy it. With the earnings combined with the ever increasing exposure I expect it will defy it again. I extended my position today in anticipation of a post earning sell off rally tomorrow or toward the close today. Just entered as trading shares as I expect market weakness to continue and will wait to add to my long positions.

On a side note. May be down your way in June. Folks are bringing down a new toy (Winnebego) so we will be hitting the road for a few days. Have not decided if we should do the coast or the mountains. What a tough life. LOL

ht
david
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