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Technology Stocks : PMC-Sierra (PMCS) - moderated -- Ignore unavailable to you. Want to Upgrade?

To: lazarre who wrote (445)	11/4/2002 8:44:55 AM
From: Nutty Buddy	Respond to of 469

Hi Lazarre, The Power rating is a relative strength rating based on a "Power Volume" formula I use. It is based on volume performance over the current five day period. It gives the current date more weight (5x), the previous day is 4x, and down to four days ago the least weight(1x) - The formula takes the percent of "dollar" volume increase over the 50 Day Average "Dollar" Volume for the day considered and multiplies it by a factor of times half of the percent gain on the day considered - up to a value of 2 or -2 This gives more weight to dollar volume activity rather than price activity. Thus, a price gain of 3% would multiply the percent of 50 day average dollar volume increase by 1.5 (half of the 3% gain). Anything above a gain or loss of 4% would be multiplied by 2 or -2 respectively. The result you see in the "Power" column is a Relative Strength result of the above result. For my 250 stock broad based chart, relative strength is based on the 250 contained within: home.mindspring.com For my specific sector tables, like the semi mfg table below, the relative strength is based on the stocks in that sector along with the 250 broad based stocks I follow: home.mindspring.com Thanks for the question! Buddy