Ampex Corp: Digital Storage Message Board

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Technology Stocks : Ampex Corp: Digital Storage

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To: HPilot who wrote (2094)	3/6/1997 9:15:00 PM
From: papa bear	of 3256

Hi Hugh, Are you seeing some "weak" TA indications that this price slide -- regardless how steeply negative it is -- may be "sliding" around to flat or even positive???? I don't remember the TA programs/indicators you've using. But I've noticed that over the last three days there has been a slow but steady [incremental] increase in accumulation, i.e., a positive divergence with price. If it's not too short-term, it may be a leading indicator pointing to either a basing or a turn-around (definitely IMO). Also, I noticed an uptick (positive-going zero-cross) in the volume oscillator. The last several times VO crossed zero in the positive direction, AXC advanced. I'd be interested in replies from you fellow TA's out there (as well as anyone else) on whether I'm seeing things (like a mirage) beyond a steeply sliding ski slope???

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