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Technology Stocks : Texas Instruments - Good buy now or should we wait? -- Ignore unavailable to you. Want to Upgrade?

To: jim A who wrote (2449)12/12/1997 10:35:00 AM
From: jim A  Respond to of 6180
 
unfortunately, as i predicted it is now in the 40s - 40.75
and it is dropping like a rock.
Last 6 months anything i bought went down immediately, and what
i sold went up. truly incredible.



To: jim A who wrote (2449)12/12/1997 10:51:00 AM
From: TREND1  Read Replies (2) | Respond to of 6180
 
jim
Remember that chart that gave TXN a "posibility" of a bounce ?
The TXN number then was 42 1/2
Well the number now is 41.
So maybe a bounce is due again.
But the monthly and weekly trends are down !!!!
So it is hard for the daily to bounce against the monthly and weekly.
Yes ! Some day the daily rise will over take the monthly and weekly,
but the sox index (16 high tech stocks) will have to be rising also.
Hope this helps you in the future.
Larry Dudash


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