Texas Instruments - Good buy now or should we wait? Message Board

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Technology Stocks : Texas Instruments - Good buy now or should we wait?

TXN 160.34

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3:26 PM EDT

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From: tree_toe_bandito	9/30/2008 3:29:58 PM
	of 6180

The monthly Directional Movement Indicator is in gear to the downside. That is something we haven't seen since 2002. The weekly is in a DMI down trend, but the daily is neutral. If the daily DMI goes bearish, we will go down to 20 or lower. There is a region of ancient support between 19 and 20 that was formed way back in summer 2004. This poor puppy will rise again someday, but until then it's dead money or worse.

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