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


To: Tai Jin who wrote (1650)3/18/1998 11:19:00 AM
From: ChrisJP  Read Replies (1) | Respond to of 3351
 
Dear Tai Jin,

>> I doubt if APCO will come down much if at all, but it may go flat for a while. <<

That's exactly what I though would happen with MLOG back in Oct when it made it's vertical move from 7 to 9. IMO at the time, it was merely moving to its proper trading level. I though it would just level out, but my experience now tells me that at some point the over-over bought condition eliminates any more buyers from the equation. The profit taking will be as dramatic as its ascent (although I'm guessing it will probably find support back in the 10s).

Good luck, but be careful,
Chris



To: Tai Jin who wrote (1650)3/18/1998 9:54:00 PM
From: DCO  Read Replies (1) | Respond to of 3351
 
I would be curious what is considered large.
Thanks in advance,
DCo