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Technology Stocks : APSG - Applied Signal -- Ignore unavailable to you. Want to Upgrade?

To: Mark who wrote (673)	2/17/1998 10:08:00 AM
From: James R.Gross	Respond to of 884

Mark and Greg, Lets not be fooled by the pullback this past week. This stock is going up. If anyone of you could get a chart off S.I. of APSG and make a copy on your printer of last 60 weeks. Then draw a line under very lows on May 23, Aug 1, up just past Oct 10, then all the way through @ 14. you would see we are just about sitting on support. You would also see that this line was not penetrated over breakout from $4.00 level.If we breakthrough 13.75 level I would sell. If you draw a line on top the highs at end of Sept, Oct 10, and mid Nov. all the way up off chart, You could see resistence line a little above $20. We should grow towards that line. This is T.A. Anyone is welcome to comment. I believe we will not break that support line soon. Best of Luck, Jim