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Technology Stocks : Texas Instruments - Good buy now or should we wait?
TXN 168.27+1.8%12:59 PM EST

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To: TREND1 who wrote (2177)11/19/1997 9:56:00 PM
From: johnny boy  Read Replies (1) of 6180
 
Larry,

Nice charts. If you look back a week or two I was asking
Robert Fain to look at chart for a trend that showed weak-
ness at the end of the TI rise usually occuring in Sept/Oct
time frame. Your chart shows that at the end of about 18
month run ups you usually get the fade in late summer or fall.
It was not as easy to pick out on general chart and the trend
got lost in busyness of the long term chart but on yours it
is easy to pick out. Thanks.

So the next time TI runs up, maybe I should expect it to start
in Spring or late summer, run through that year and then in
the second year or at about 18 months look for the fade and
get out before it happens???

I'm pondering this strategy for the next surge and I suspect it
will be a good one. I'm long but at some point I think I should
get some cash from my efforts.

Johnny Boy
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