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Strategies & Market Trends : The 56 Point TA; Charts With an Attitude -- Ignore unavailable to you. Want to Upgrade?


To: R. Ramesh who wrote (9006)12/8/1997 4:47:00 PM
From: Amigo Mike  Read Replies (2) | Respond to of 79308
 
Another good day for APCO. It looks like it is starting to shed the "sleeper" mold and moving to growth.

4x normal volume today was fantastic. I expect the volume and price appreciation to continue.

Hey Doug,

APCO break above the channel today ??? New trading range ?

Mike



To: R. Ramesh who wrote (9006)12/8/1997 6:05:00 PM
From: Dave H  Respond to of 79308
 
Ramesh,

Don't worry about not selling at the very top; if/when RADAF reacts to the IL, it'll probably be very fast and you'll be glad you got out when you did. I think 16 is a realistic fallback; RADAF can't go up forever, and 15 3/4 is where the stock started before the dramatic run up starting Dec 1. I have a feeling a lot of people jumping on RADAF during that time will be more than happy to take their 2 week profit right before or after earnings release.

I might do a small technical update of RADAF after I get today's data. It will certainly be interesting to see how RADAF can get before correcting a bit.

-dave