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Strategies & Market Trends : NetCurrents NTCS -- Ignore unavailable to you. Want to Upgrade?

To: robwin who wrote (5681)	2/13/2001 1:58:20 AM
From: Dr. Voodoo	Respond to of 8925

Hi Robert, I must be nuts but was looking to enter TXN soon for a short term pop. Today's bounce, plus heavy volume over the last few months suggest it may make a run towards the top of its trading channel. RSI looks like the stock was set to pop and did. I'm looking for a significant break above the 38 level. I'm kind of new at this, and was wondering why do you think there is more down? I don't see much more downside from here unless you think the bottom falls out of the market<----not too unreasonable... Teresa? From a contrarian point of view doesn't the ADX appear to be at an extreme low? Thanks, you guys are a great read! V