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

To: Amigo Mike who wrote (9007)	12/8/1997 5:31:00 PM
From: Kim	Read Replies (1) \| Respond to of 79308

DOUG: I am a little confused(well, maybe a lot) about the impossible line. Re: RADAF if it nears it I would think it is good because its steadily going up. When it passes it, the problem is its coming back down. Is there a way to determine approximately, or statistically when the liklihood of this drop occurs. Does it generally indicate a quick drop and bounce back or some basing at a lower point. I watched RECY do its thing (I still hold it) and when it declined the stock generally bounced right back. Is that the same type of reaction you are anticipating with RADAF> One last thing, with earnings due out on 17th, wouldnt you expect an increase based on anticipation, etc., and perhaps this ta decline upon the announcement. I would appreciate it if it is not too much trouble to elaborate on this a bit. TIA Kim

To: Amigo Mike who wrote (9007)	12/8/1997 6:19:00 PM
From: Dave H	Read Replies (1) \| Respond to of 79308

APCO break above the channel today ??? New trading range ? Mike -- To me it looks like APCO hit resistance from its old trend channel that it traded within all of 1996. A line connecting the tops of 1996 is in the 7 5/8 - 7 3/4 range today. Somewhere around this line should be the next stop as I would expect APCO to require some consolidation before breaking this last key line from 1996. (hey it spent 1 1/2 months taking out the last one! ;)) I'm beginning to see where Doug might have gotten his 3 month goal (from the time he picked it) for APCO of 8 5/8 .... -dave