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Technology Stocks : Ampex Corporation (AEXCA)
AMPX 9.475+2.5%Jan 9 9:30 AM EST

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To: Hal Campbell who wrote (5759)2/23/1999 10:04:00 PM
From: Carol M. Morse  Read Replies (1) of 17679
 
I just found this on the SI Short Term Traders thread and I barely know what they are talking about, so any comments from the esteemed group I read would be appreciated. Also, please forgive my primitive posting methods, having tech difficulties today. I anyone asks, I will try to provide better links but nocando right away.... To: Jon Scott (10 ) From: Mike Sawyer Sunday, Feb 21 1999 10:58PM ET Reply # of 91 In looking at the TA on AXC I find it just hit what should be a support level at $2.50. This was resistance twice in January. The daily chart is not showing buy at this time but the 15 minute chart is moving in that direction. I will be watching this stock close to see if support will hold at this level. AXC could be setting up as a coiled spring formation...a formation that TraderAlan talks about on his list of seven bells. Take a look...it is some good reading. hardrightedge.com hardrightedge.com Cheers! Mike Sawyer Lurking more and enjoying it less,, CMM PS.. I am a long term player and not a day trader at all and I don't know how this site got bookmarked....must have been that husband of mine...ol what's hizname.
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