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Strategies & Market Trends : APMP (formerly APM) -- Ignore unavailable to you. Want to Upgrade?

To: Susan Saline who wrote (11201)	5/21/1998 1:07:00 PM
From: appro	Read Replies (1) \| Respond to of 13456

Don't buy now! Wait for a clear sign of a bottom. Although there may be a very short term technical bounce (I would not count on it), everything I see points to a resumption of this strong downtrend. In fact we have a significant bearish divergence in on-balance volume. That is a new low (short & long term) not accompanied by a new low in on-balance volume indicating the smart money is slowly unloading on small investors who can't believe the price will go lower. IMHO.

To: Susan Saline who wrote (11201)	5/21/1998 1:23:00 PM
From: AlienTech	Respond to of 13456

>>what do you think about a market order here, at 6.25 with at stop loss at 5 7/8??<< How about I short you the shars at 6 3/16 instead? :) Next support is in the 4's adn I woudnt touch this nwo cause all them margin calls are hitting and pretty soon the double wammy from those who bought at 10 when they find that below 5 theres no margin at all.. You should have bought some safe stock like FPAM yesterday :) its up 25% already.. Might even go to 7-8 next week if they can get financing.