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Strategies & Market Trends : Three Amigos Stock Thread -- Ignore unavailable to you. Want to Upgrade?

To: JoeinIowa who wrote (8751)	9/13/1998 9:56:00 PM
From: Jim H	Read Replies (1) \| Respond to of 29382

Joe, I hear you. Cannot figure why AMES got beat-up so bad. The trend is supposed to be your friend and will turn on a dime. I am only nibbling now (300 shares). This thing breaks 11 & I've got to re-group. Good Luck w/ the options if you jump. Jim

To: JoeinIowa who wrote (8751)	9/13/1998 10:33:00 PM
From: Amigo Mike	Read Replies (1) \| Respond to of 29382

Hi Jose, Have you already sold your APCO calls ???? I have been studying the weekly (3 year) and daily (6 months) charts for the last 1/2 hour. It is very interesting to draw some trendlines on these charts and across the RSI and Stochastics indicators. If the market is decent next week, APCO could breakout sharply after a brief respite in the current area. I would only hope that investors hold on to this one and start the serious accumulation phase again. The Weekly indicates the long term bottom should be in. It is hard to tell short term though .... as the stochastics already indicate a sharp upspike move. In any event, APCO looks like a good solid long term accumulate here. Amigo Mike