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

To: Doug R who wrote (10486)	1/14/1998 9:41:00 AM
From: Ocote	Read Replies (1) \| Respond to of 79284

Re: APM Doug-- From the long term chart department: I noticed APM is resting on a line drawn from the former resistance line determined by the highs of 19.875 on 10/5/87 and 14.375 on 2/22/93. My suspicion is that the former long term resistance line could act as support here. Ocote

To: Doug R who wrote (10486)	1/14/1998 11:02:00 AM
From: James Strauss	Respond to of 79284

APM... I Bought It... >>>So far APM acts like a PGDCEB in the way it signals buys. Tuesday's activity qualifies as a signal day. I would expect a good trade can be made from here. It may gap up at the open which is why getting in on the signal day is important. It certainly is at the bottom of a huge range so a 2 to 4 month hold could also work out rather well. Thanks for reminding me about this one.<<< ***************************************** Doug: I waited for an uptick and bought APM at 11.00 for a trade to the 13.00 or better area... BLSC is looking good again... Note the rising bottoms from July to December... Also, note the breaking of a short term downtrending trendline to the upside... On a Fundamental note, BLSC signed two significant distribution deals... In December they signed a deal with Premier to supply 1800 Hospitals and Healthcare providers... The sales were will be reflected in their next Qtrly report... Also, they just signed a distribution deal with Schein, the Big Cajuna in medical supplies sales... If that's not enough, they are repurchasing their stock... biz.yahoo.com I doubled my position the other day, unaware or the share buyback... As you've said many times before, TA usually leads FA... Jim