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Strategies & Market Trends : Three Amigos Stock Thread

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To: Cary C who wrote (8650)	9/10/1998 8:51:00 PM
From: Amigo Mike	Read Replies (1) of 29382

Hi Amigo, Glad you are watching APCO closely. I expect that institutional buying will continue. I just hope the margin calls from today and continued unrest in the marketplace do not scare investors away and create selling in the stock. It is already too cheap. I am looking at the chart closely tonight. It will be interesting to see what happens from here. I think APCO hit the overhead downtrend line today. Now it remains to be seen if we can pop thru the 8 1/8 area on solid volume. Stochastics, RSI and momentum ARE signally that APCO has turned. I think at least the bottom is in place. Amigo Mike

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