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

To: Rudy who wrote (9300)	12/11/1997 8:55:00 PM
From: marc chatman	Respond to of 13456

*ONE STOCK ONE WEEK*COMS long open 12/12 (assuming nobody picked it yet) I don't know if the open will be the best time to get in, but this stock showed strength in a down tech market the past two days. Would have been up today without the last 15minute sell-off. I bought some today on the dip and will probably sell before earnings. But after bottoming out it seems to be in stronger hands. Weekly stochastics have turned up, daily stochastics peaking, macd still in buy territory. Looks like it bounced off short term trend line at about 34. I'm looking for a move maybe to 37. After that, possibly run for cover because ... well, you know.

To: Rudy who wrote (9300)	12/11/1997 10:08:00 PM
From: WTMHouston	Respond to of 13456

I covered my real PSFT short today at 33 1/2.....wish I could have covered this game one intraday.....I got tied up with other stuff just before the close and didn't get around to closing this one to protect a meager gain here....if we bounce tomorrow, I'm headed for the "not so fortunate" column....despite the overall weakness, PSFT has held up better than I had expected... If it looks like we'll bounce up some tomorrow, this could be a good trading candidate on the long side.... Troy P.S. - Rudy, I figured the lateness was just getting us used to what my reports are likely to be like next week...:)