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Strategies & Market Trends : STOCKS WITH ATTITUDE TEAM - FA/TA AND EVERYTHING ELSE -- Ignore unavailable to you. Want to Upgrade?


To: Trader X who wrote (404)12/16/1997 12:24:00 AM
From: Amigo Mike  Read Replies (2) | Respond to of 2377
 
Hi Kevin,

I have watched your TA calls for some time and I am quite impressed with your accuracy both short and intermediate term.

I recently posted on the swap thread APCO to which you responded somewhat unfavorably. Care to give me your current read on APCO. Most on this thread have identified it as a stock to own for at least the next 6 months and have been accumulating. You will notice that it is very steady even with the recent market turbulence. Trendline analysis on APCO is very solid right now and all technicals have plenty of room to go.

IMO, APCO should reach $9 by late January and maybe above $10 after earnings surprise in February. It is currently above the $5 "don't touch" mark and worthy of a look see.

Mike



To: Trader X who wrote (404)12/16/1997 1:04:00 AM
From: Instock  Read Replies (1) | Respond to of 2377
 
Keven: Thats Great! Thats a TA I can understand!!
Ok, lets play what if here.
How would the TA look if the stock ends the week at say, $4.43?
What if it ends the week at $4.56 or a bit better?
The stock does not need to go up much to get to those levels. Therefor, I wonder how Bullish the stock would become if it can reach $4.43 or $4.56 by weeks end.
It would make for a nice white candle for the week, assuming there are not to many shadows.

Looking at my char program, it looks like if the stock can get to $4.56 in the next 4 days, all indicaters would be very bullish without to much of a overbought condition. Correct? No?

Thanks for the IBAH TA

Instock



To: Trader X who wrote (404)12/16/1997 11:51:00 PM
From: RADAR )))  Read Replies (1) | Respond to of 2377
 
Kevin:

Thanks for your read on the chart of IBAH. It bears close watching and we appreciate your comments on it. All grist for the mill so to speak.
Agree that everyone should watch the stocks price action closely and don't heistate to take quick action if the stock price does not show gathering strength and volume.

RADAR