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Non-Tech : APCO Automobile Protection Company -- Ignore unavailable to you. Want to Upgrade?


To: TripleWitching who wrote (94)10/23/1997 6:04:00 PM
From: Instock  Read Replies (1) | Respond to of 3351
 
Steve, Jeff: I agree, and think most anyone else would agree as well, that APCO held up very well. When it dipped ( and APCO did not dip much ) with the rest of the market, buyers came rushing in and within a VERY short time the stock was back up above $6.
I beleave the Bid got as high as 6 3/32 or 6 1/16 then some profit taking hit.
Although APCO closed down 1.5% from yesterdays close, the high for the day was just 1/32 below yesterdays close. That shows real streight!
Also, APCO closed Higher then it opened. Another sign of streight and makes for a White Candle day, which is bullish.
Notice the volume held high as well, yet another very good sign!

If the Markets have a good recovery Friday, and there IS a Strong chance for that , then we might even break Wednesdays close on Friday!

All and all, APCO did very well and the buyers knew it was a good and safe stock to jump into.

IN



To: TripleWitching who wrote (94)10/23/1997 6:54:00 PM
From: James Strauss  Respond to of 3351
 
Good Strength In A Weak Market....

Jeff:

The chart looks great....

We have moneflow on the rise... A solid crossing of MACD... A fanning out of the exponential moving averages... And rising Regression lines... The 7.00 to 8.00 area is just around the corner...

Jim