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Strategies & Market Trends : Tech Stock Options -- Ignore unavailable to you. Want to Upgrade?

To: George Mc Geary who wrote (27617)	10/31/1997 8:04:00 PM
From: donald sew	Read Replies (1) \| Respond to of 58727

George, The upside room on TXN on a technical basis is huge with the next resistance at 114. It is severely oversold and now is borderline oversold/midrange. Please keep in mind that whenever the price is in the mid-range it can go either way, and is also strongly influenced by the market/sector. On my previous posts the overall market is in the mid-range with a very slight bias to the upside, which does not mean much. You are aware that the majority feel that the downside is still large, even though I am taking the opposite position. Regardless, this just is not the time to be holding on to stuff too long. Seeya