Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: Don P. who wrote (8876)	9/18/1998 2:34:00 PM
From: Magnatizer	Respond to of 29382

Don I have two buy points for APCO. One, a successful retest of a magnet uptrend line currently in the upper 5s. Two, a break and hold of the magnet downtrend currently in the 7.625 area. A buy at the current levels puts one in the upper range of that area. A buyer would be bullish on the stock to step in here. I am bullish on the stock. It is the market I am concerned with over the short term. Therefore I am holding off til one of the two criteria is met and I can buy near a support level. ht david

To: Don P. who wrote (8876)	9/18/1998 4:00:00 PM
From: JoeinIowa	Read Replies (2) \| Respond to of 29382

Don - APCO, APCO does not have enough options outstanding to be influenced by the expiration date. I just bought back into the APR 7.5's. They were a little more than I wanted to spend but you get what you pay for. If you think about the length of time with these calls you realize how cheap they are. A run to 8 gives me a very nice return. Jose PS I apologize in advance. Last time I bought calls the stock was at 6 and dropped to 5. Of course there was a happy ending.