Formerly About Advanced Micro Devices Message Board

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Politics : Formerly About Advanced Micro Devices

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To: tejek who wrote (136842)	5/10/2001 5:13:51 PM
From: TimF	Read Replies (1) of 1580415

Ted, thanks for posting the article. Not too long ago TRW hit a 5 year low of 29 and change. Since then its moved up fairly well to over 43 at today's close. I had considered buying it at around 30 but since I all ready own a lot in my 401K (TRW's matching funds in the 401K go to TRW stock, so 3% of my pretax income goes in to TRW stock each paycheck) I decided I all ready had enough exposure to TRW. Looking at its daily chart it today's close is above the double top from Jan and March. March's top was a bit higher then Januarys. If it fails to follow through you might be looking at a triple top and then probably a pull back. Just my half assed attempt at TA. It would seem to me that tomorrow's action would be technically important for TRW. If it goes up again tomorrow on volume it would appear to have broken past the previous resistance. You know I almost sound like I know what I am talking about... Tim

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