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Technology Stocks : Power Integrations (POWI)
POWI 37.04+1.4%Dec 22 3:59 PM EST

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To: Toby Zidle who wrote (239)11/22/1999 6:53:00 PM
From: Mark[ox5]  Read Replies (1) of 449
 
Toby,

P.S. please understand the difference between a sell off on high volume vs low volume

Thursday 133K
Friday 166K
Today 243K (as I am sure some people playing it for the split left when there was no upwards pop)

If I was a sell off on 3 or 4x average volume (say in the 500-700K share range) I would be concerned. What you see now is MMs taking back some of the large year to date returns as the momentum players chase the 10-15 stocks making new highs daily.

I wont advise you on when to sell or buy, that is up to you and your portfolio.. and if you have a strict discipline to sell at 10% loss than you should follow it.. but my take of this is POWI will bounce off $90 (or $45 post split) But thats just one opinion.
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