[Date Prev][Date Next][Thread Prev][Thread Next][Date Index][Thread Index]

Re: Applied Magnetics (APM)



PureBytes Links

Trading Reference Links

On Thu, 24 Jul 1997 11:26:12 -0400, Jim wrote:
>     I opened a position in APM at 30 5/8 late this morning.

Ok, Ok.  I give up.  I really expected APM to go down to the 50-day MA
(say 26).  But it now appears that is not to be.  I drew a flag
formation on the chart from 7/16 thru maybe Monday or Tuesday next
week.  So I bought at 30 15/16 late today.  Good luck to us both.

Where is your stop?  29?

Wow, what a day!  PAIR up 15%,  CUBE up 13%,  AGPH up another 4%
(giving me +20%), and QNTM up another 4% (giving me +52%!)  All of
these are buys made on breakouts of short term down trend channels.