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

To: hoopsville who wrote (2046)	4/28/1998 6:17:00 PM
From: Froman	Read Replies (1) \| Respond to of 3351

I asked some time back and finally someone responded it is a technical indicator called the impossible line, created of Doug R of the 56ers fame. The exact formula is a guarded secret only known to Doug and those that pay for his TA course. IL might be $15.25 but P/E says that too so which is better? :-) Fro

To: hoopsville who wrote (2046)	4/28/1998 9:44:00 PM
From: Magnatizer	Respond to of 3351

Tom The IL was founded by Doug R of 56 point TA fame. It is not in any book or on anyones internet site. I cannot tell how it is calculated as that is part of the deal attendees to his seminars make. I can tell you it is a very lofty goal for a stock to reach its IL and most stocks will reach it and then retreat from it shortly after. In APCOs case the stock has a tendency in recent past of blowing right through the IL and using it as support. This is a sign of an extremely strong stock. So far it is one of only a few which I have seen with the strength to do it. ht david