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Strategies & Market Trends : Point and Figure Charting

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To: Twiford who wrote (8859)	10/21/1998 1:56:00 PM
From: Ms. X	Read Replies (1) of 34809

RE: POWI Sam, Taking everything into consideration I look at it this way. NYSE BP Bull Confirmed - in your favor ELectronics Sector Negative - not in your favor Sector below 30%/20% - in your favor Stock RS in X's - in your favor Stock RS on a buy - in your favor Stock trend positive - in your favor Stock on a buy signal - in your favor Obviously more in your favor than not. With the NYSE BP so favorably positioned you can jump over the sector being negative (still taking note of it however) and on to the stocks RS. If positive, you are in good shape. Would like to see a pullback around 13 for POWI but buying some at market wouldn't kill ya. Stop of 9.5 or RS reversal down. What is the FA on the stock? Take care, Jan I am

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