Ampex Corporation (AEXCA) Message Board

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Technology Stocks : Ampex Corporation (AEXCA)

AMPX 10.82

+0.8%

Nov 26 3:59 PM EST

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To: Michael Olds who wrote (7216)	4/14/1999 6:40:00 PM
From: stan s.	Read Replies (2) of 17679

Hi Michael, as Jim said any dip to 5.31 fills the gap. Sometimes a recorded 5 3/8's will do it, may need a 5 1/4. By the way I jotted those figures down last night and have NOT double checked. As far as gap support the the top of the lower window (real body, gap from) provides some at 5.12. I consider this to be weak and it is on a closing basis only. But as I stated earlier (not directed to you), I would not advise lurkers to wait, you can never be sure when/if AXC will rocket. Let your interpretation of the story be your guide. The TA in this case is simply meant to provide clues as to what may occur and allay some fears and provide some explanation (comfort) to what otherwise might seem irrational moves. Keep in mind many people believe none of this. I'll look at the chart later and post if I find something useful. Stan

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