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Strategies & Market Trends : APMP (formerly APM) -- Ignore unavailable to you. Want to Upgrade?


To: John E. Stanga who wrote (7885)10/30/1997 3:31:00 PM
From: appro  Read Replies (2) | Respond to of 13456
 
Here is my "wag" on APM. I bought more just under $23. With choppiness almost certain to continue, it should be close to $30 within month. It might hit 27 and go south again. Long term I am willing to wait out months to get back solidly into thirties. The market volatility is going to high in both directions and APM will get whipsawed. The trick is not to get too greedy on ups or panic on sharp downs. I do the opposite of what my gut tells me and I do OK. Good Luck.



To: John E. Stanga who wrote (7885)10/30/1997 3:53:00 PM
From: Rudy  Respond to of 13456
 
John, you are right about the support at 22. It is very very strong. However moving to 30 in the next month? I think you can kiss that goodbye. No such fast recovery is realistic.