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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 (11687)2/1/1998 11:55:00 AM
From: JBH  Read Replies (1) | Respond to of 79564
 
Sergio, Doug,

I ended up buying APCO instead of GTAX last week. Don't know why....was just something about APCO that I liked and it looked like it was breaking out. It looks like the chart wants to start tightening up over the next few days and then start heading up from there. As long as the overall market cooperates and earnings hit as well or better than expected then I think we'll repeat the upward cycle. It looks like the MM's spiked this one down for a reason just as they have before the last up cycles :) I'll sit tight through here too. JMHO

Good luck,

John



To: Doug R who wrote (11687)2/1/1998 12:03:00 PM
From: Hank  Respond to of 79564
 
Sorry Doug. I didn't mean to get overly emotional or offend anyone but sometimes you can only be just so polite. I take it as a personal insult to my intelligence that people like this feel they need to "protect" or "warn" me. When polite requests fail, you sometimes have to get nasty to get the point accross.



To: Doug R who wrote (11687)2/1/1998 12:19:00 PM
From: freelyhovering  Respond to of 79564
 
Doug--The Shoe group has been quite depressed and stocks in that group look like a low risk buy. TC2000 is at WG720. ASHW is at the leading edge of a possible recovery. Other stocks in the group that show good basing activity are NKE, RBK, BG, and SRR. BG looks the best right now and has just given a bullish short term 5/13/40 day ema signal. Intermediate term is about to signal as well. A very interesting looking MIMBO pattern appears in SRR. Check it out. Myron



To: Doug R who wrote (11687)2/1/1998 2:06:00 PM
From: Sergio H  Respond to of 79564
 
<I don't disagree with you on the chart or the fundamentals. I just want ASHW at this time. I'm going to continue to follow APCO very closely and when I see the technicals call for another move, I hope to be back. The risk in APCO is very low so I have no problem with it at all.>

Doug ASHW looks fully valued to me at this time. There were 6 insiders selling July through Oct. at prices in the high 8's to low 11s. Also take a look at this recent Online Investor article
fnews.yahoo.com

Sergio