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

To: kormac who wrote (8412)	11/10/1997 10:16:00 PM
From: Rudy	Read Replies (2) \| Respond to of 13456

>After all, in today's market, most stocks are owned by funds.< Yes yes you've got the point. I really do not like to try too hard to find reasons to keep a stock and go into dispute with big money. The frst sign I pick that large blocks of money is getting out, I try to follow them. If you cannot make the market follow it.

To: kormac who wrote (8412)	11/11/1997 9:23:00 AM
From: greenboy	Read Replies (1) \| Respond to of 13456

>I would like to have a small post mortem. Anybody have any ideas on this?< hmmm, maybe we could bury crisman alive with all of those heads and assemblies that every one is buying. gb

To: kormac who wrote (8412)	11/11/1997 3:34:00 PM
From: tom pope	Read Replies (2) \| Respond to of 13456

seppo, your call for a postmortem is timely because i've been asking myself why i shot myself in the foot on apm. i held on to my apm until i bailed at an average of 24, so the following should be taken as 20/20 hindsight. there were pretty good signs of a top starting in late august, when apm started a series of 2 lower highs and 2 lower lows into october, and then broke decisively below 30 around october 24. rudy should confirm whether i'm talking nonsense or not, but i think the moving average crossover and momentum indicators were callling weakness from early october. (thruout this period rudy was pretty consistently cautious to bearish on apm.) so yes, i guess you could say the signs were there. i was just too pigheaded and trusting in mr crisman's words to heed them.