APCO Automobile Protection Company Message Board

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Non-Tech : APCO Automobile Protection Company

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To: TobaccoMan who wrote (3195)	3/9/1999 9:11:00 AM
From: Magnatizer	Read Replies (2) of 3351

Hey Tabaccoman, APCO mags: 9.125 weak, 9.375 weak, 9.625 strong, 10.70 quarter zone, 11.77 neutral zone I was very encouraged by APCOs action in regards to the 9s. It just did not like being there. APCO should move to the upper 11s by the end of the week which is what I am expecting it to do. Short term indicators show we are coming off a extreme oversold condition and the long term indicators I prefer never went to oversold. In other words, the downturn was not severe enough to take APCOs long term bullish positioning out. Concerns are lack of volume on yesterdays move and lack of interest in small caps. If the R2K can bounce off its H&S neckline you can bet the small caps are gonna be smoking and the strongest shall lead. IMO APCO is still one of the best small cap investments one could make. ht david

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