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Strategies & Market Trends : Three Amigos Stock Thread

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To: Sergio H who wrote (4596)	5/10/1998 5:28:00 PM
From: Sal D	Read Replies (1) of 29382

Sergio, It looks to me like they are using the RS ranking from IBD combined with the Accumulation/Distribution to show what stocks have high RS ranking and are under accumulation. Basically saving you the time of going thru IDB stock by stock and finding them yourself. I do not follow PURW or RADAF but I do have July 12.5 calls on APCO, it looks like the selling is drying up and all we need now is some buyers its near the bottom of the bollingers and I would not like to see it close below 12 1/32 on Monday and dont think that will happen, I think its going to start moving up again Monday or Tuesday with its next barrier being the middle band. Joe

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