Re: [CANSLIM] [CAN SLIM] POWI (Power Integrations Inc) [Elec Products - Misc.]

From: dbphoenix <dbphoenix@yahoo.com>
Subject: Re: [CANSLIM] [CAN SLIM] POWI (Power Integrations Inc) [Elec Products - Misc.]
Date: Sat, 14 Nov 1998 07:47:35 -0800 (PST)

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<<Besides not having a 5 year growth record, another mark on the
negative side of POWI is its group strength at 22, it's well back in
the pack.>>

This can be deceptive, since there's so much lag in the GS numbers. 
The group chart shows a CWH forming, with the handle just above the
200d.  It's not quite within 15% of a new high, but close.  Rather
than focus on the GS, look at the other stocks in the group.  If
several are doing well, that will give you more confidence to buy when
the time comes, or to add to your position.

- --Db





==

"Lessons are repeated until they are learned."

http://home.talkcity.com/MoneySt/dbphoenix/



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