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Technology Stocks : Texas Instruments - Good buy now or should we wait?
TXN 189.12-2.3%3:59 PM EST

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To: Jacob Snyder who wrote (5588)3/31/2001 12:00:09 PM
From: Ally  Read Replies (1) of 6180
 
Jacob, in buying the Leap, is your objective to trade, or to hold until TXN recovers? TXN is now around $30 support level, and these are the 2 following scenarios:

1. It will rally from this support level and rise to attempt break out of previous $37 high.
2. It will break down below this support level and test the 52 week low $28

What are your plans next week under 1 and 2 scenarios ?
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