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

To: James Strauss who wrote (548)	12/18/1997 8:26:00 AM
From: Dave H	Read Replies (2) \| Respond to of 3351

Mike/Jim, Looks like we do have the beginnings of an ascending right triangle -- a lower high and higher low -- but too early to know though...but if it plays out, i'd look for it to settle around 6 3/4 - 7 and then give at least a 1/2 a point move...that's about the move we've seen the last two times such formations have happened with APCO. If it remains in an an ascending formation that would be especially bullish, I'd think-- In general more buyers than sellers, right? I think we are getting rid of the short term profit takers from the last jump, while "smart money" is more than happy to accumulate at these prices. -dave