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

To: dmccoach who wrote (9086)	12/3/1997 10:31:00 AM
From: Bald Eagle	Read Replies (2) \| Respond to of 13456

ON TOPIC!! How low can APM go? Will I lose 100%?

To: dmccoach who wrote (9086)	12/3/1997 11:10:00 AM
From: Greg R	Read Replies (1) \| Respond to of 13456

Dan - Are you an Inpathique user? If not, the reasoning for the lines being where they are will be somewhat lost, but not the direction they forecast the stock having to go. The chart used in this case was just a GIF from Wall Street City ( tscn.com and then the Inpathique lines were roughly added to it. As a result, it is a little muddy to look at, but I have had it uploaded to Inpathique's web site so others can have a look ( home.istar.ca ) Because the chart is coarse, the total length of this bear-run is difficult to measure with any accuracy. I prefer to use actual data in my own graphics program. Eyeballing the chart however it looks like $24 ish mid December although that could be out by a country mile and of course the projected path between the high and the low has been shown as just simplistic straight lines in keeping with the rough nature of the GIF. Inpathique is not TA by itself, but rather the graphical representation of the TA work being done by the trading computers of the Institutional investors. They were seeing something in the data for this company and its industry that they were reacting to. It was how they reacted earlier (as reflected in flucations in the price) that Inpathique uses as clues to figure out where the trading computer's analysis would cause them to drive the stock's price in the future. Good luck. Greg