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Technology Stocks : Texas Instruments - Good buy now or should we wait?
TXN 163.06+2.1%3:59 PM EST
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To: otter who wrote (3553)4/30/1998 5:41:00 PM
From: B.REVERE  Read Replies (2) of 6180
 
Ray, not a t/a guru, but resistance at 62.6 was broken today.
Next level of resistance is at 65.6 ,and then 71. Txn acted
very strongly today and stayed strong through a 40% retracement
of the dow in the last 30 minutes. If economic reports continue
to show low inflation and the dollar stays strong, the fed
cannot justify a move higher and the stock market will continue
to go higher. When the s&p index goes up and the sox index behaves,
txn will go along for the ride.

Later,
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