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


To: Cornstock who wrote (840)1/22/1998 11:29:00 PM
From: voyager.ed  Read Replies (1) | Respond to of 3351
 
Peg,

Volume after a move is a good indicator. Last 2 days very heavy with good TA, fundamentals and a lousy market to boot. Expect to see the move up continue tomorrow unless Japan goes bankrupt, Clinton gets impeached, a meteor (sp) hits earth (probably Asia, no one would probably notice on CNBC. Would sure be a good spot for any positive news from company - that would propel stock even if all above happened same day. Ha ha.

regards,

Ed



To: Cornstock who wrote (840)1/23/1998 12:26:00 AM
From: Amigo Mike  Respond to of 3351
 
Ah Peg ...... Aren;t you glad you stayed. The APCO chart looks very very good right now.

I spent some time studying the last move in APCO. The stock ran one day .... then it took a breather for 2 days ..... then KABOOM .. all with the support of the 10d MA. Yesterday and today appear to mirror the last move. We also have a 10d MA/20d MA crossover to the upside. Big BUY signal. The technicals this time however are moving up sharply from over sold positions which was not the case last time. APCO will likely wait for the 10d MA and then crank again. Technically ..... things look excellent.

Mike