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Strategies & Market Trends : Stock Attack II - A Complete Analysis -- Ignore unavailable to you. Want to Upgrade?

To: SpecialK who wrote (46770)	8/29/2003 3:33:09 PM
From: nikko_thyme	Read Replies (1) \| Respond to of 52237

Did you notice the weekly H&S on the BKX.

To: SpecialK who wrote (46770)	8/29/2003 3:41:13 PM
From: SpecialK	Read Replies (2) \| Respond to of 52237

Since I'm itching for some action, I just came across TXN. It's gone almost straight up from 18ish to 24 today. 13 of 15 days it has been up. How long will it last? It hasn't had 4 up weeks in a row the last 3 years. This is the 3rd up week now. I'm nervous because they have 2 presentations at conferences next week, and could say something really positive. That type of fear of going short tells me that now is the time to go short. Daily chart stockcharts.com[e,a]dhcayiay[dd][pb50!b200!f][vc60][iut!Ub14!Uc20!Uo14!Le12,26,9!La12,26,9]&pref=G Weekly chart stockcharts.com[e,a]whcayiay[df][pb50!b200!f][vc60][iut!Ub14!Uc20!Uo14!Le12,26,9!La12,26,9]&pref=G What's funny is analyst' estimate are lower than 3 months ago, yet the stock is higher. I read a RealMoney article, that said there is a lot of stuffing inventory. insider selling is low, short interest is low, max-pain options suggest a move to 20 by Sept 19. Octobers also suggest 20-21.25. entering (50% position) short here today with minimum target of 21 for the upcoming 7-10 days, from 23.90. These are 52 week highs, 25 is stop-loss.