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To: Perspective who wrote (42969)	12/1/2000 4:42:50 PM
From: UnBelievable	Respond to of 436258

I Saw PWER Was Up About 20% This Afternoon At that point it had blown through the 200 SMA and was about to engage a TL and Horizontal S/R line at about 50 and change. It was about mid-afternoon. I used to trade it a lot. I remembered that they had a tendency to gap it up a fair amount (Or down when circumstances required). I decided not to do it because I was concerned that in the event that it didn't make it much higher than 50 they would try to stay close and then gap it up over it Monday. Then I would be stuck holding it all day while he drifted back down. I still have bad memories of holding a position for what seemed like forever just before their split. It had gone up a bit so I was a little under water on the trade but not a big deal - but I didn't want to pay up nor did I want to miss the decline I felt was coming so I hung on. It was one of those trades that ultimately did well financially but bugged me the entire time I was in it. Since then I have looked at it and usually found a reason not to do the trade (like today). As you suggest, it does look like it is setting up well again though and I'll check it out Monday. Its always good to see your "Market Wraps" and other ideas.