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Non-Tech : APCO Automobile Protection Company -- Ignore unavailable to you. Want to Upgrade?

To: Amigo Mike who wrote (537)	12/17/1997 1:50:00 PM
From: TheInvestor	Read Replies (1) \| Respond to of 3351

Mike, I am cooling off a bit now, I just knew that all that stuff yesterday set the ball rolling for bargain basement buys as you guys put it. I think it will continue to decline before it turns around, the company now has the difficult task of putting out some good news to bring the bulls back to the table, all others are long turn holders just trying to buy this for a long swim. Earning not due for 2 1/2 months, the excitement will wear off and so will the price. I am afraid, if they don't renew the excitement with more news, we will see even lower bargain basement prices. Also, a companies 4th quarter is usually the most difficult one to accumulate the yearly numbers in general, not that this company is any different than the standard model. I am hoping that this is not the case here, but we won't know till February. Ben

To: Amigo Mike who wrote (537)	12/17/1997 6:52:00 PM
From: James Strauss	Read Replies (1) \| Respond to of 3351

A Breakout Can Come At Anytime... >>>By the way, if I interpret that chart properly, if APCO maintains its current diminishing wave swings, we will reach a pressure point in the chart in about a week and a half. Doug and Jim are better at pinpointing the dates ... how about it guys ?? Am I seeing it right ? My guess is an upside breakout similiar to the last one from around 6 7/8 to 7.<<< *************************************** Mike: A look at the daily chart shows a nice rising 13 day Moving Average that has offered support for APCO... MoneyFlow and MACD are positive... There will be some triggering event that should send the price into 8.00 land.... Jim