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

To: Manny Gugliuzza who wrote (1385)	3/4/1998 9:35:00 PM
From: cloud break	Read Replies (3) \| Respond to of 3351

Manny, While APCO has become way over-extended, we cannot ignore the volume of the last two days. This has become a momentum stock. TA suggests that the "gaps" to the upside are breakaway gaps. I do not see anything yet that suggests that they are "runaway" gaps and, therefore, believe that APCO has more to the upside. However, a large gap up tomorrow with a narrow range would suggest an "Island reversal" is emminent. Something else to keep in mind, Money Managers will typically sell a position when it reaches 2X the 200 Day Moving Average or 50% above the 50 Day Moving Average. They both come in around 10.50. Just a thought. BTW, thanks to all for this great pick. Regards, danny