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

To: tom pope who wrote (9112)	12/3/1997 8:05:00 PM
From: Rudy	Read Replies (1) \| Respond to of 13456

Hi Tom. It gets dark here quite early too. By the way I thought you were in Sonoma. Did you move? Anyway, I have not checked any charts yet but will along with your EDS. I'll post it probably sometime before 12 PST. Good luck and take care. PS: I hate myself that I did not pay attention to oils the night before and they got away fastly. It was a very good trading day with easy 6-8% gains. Anyway I think some gain can be made there in the long run. As a matter of fact logic tells me oil stocks cannot be wrong especially now below their highs. Timing and as article sent by AT suggest being nimble is everything in this manic market.

To: tom pope who wrote (9112)	12/4/1997 3:21:00 AM
From: Rudy	Read Replies (3) \| Respond to of 13456

Tom, regarding EDS: EDS - 40-1/2: Long term trend is up. It has jsut broke (within this week) a few major resistance levels. Broke over 30WK MA at 39.031, broke 200 DMA at 39.543 and also broke chart resistance at 39-5/8 after forming an ascending triangle. Looks like it will easily fill the gap to 43-1/8 (every gap gets filled sooner or later, weeell mostly :-)). All these are bullish. The only concern is that the volume is not supporting all this evidence. It is just average. I cannot see any major accumulation yet the action is strong. I usually like to see volume confirmation. As to next resistance level, 45 is close and strong resistance to break. Stock may take a break after filling gap unless volume picks up by then. Good luck.