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To: donald sew who wrote (44070)	5/29/1998 1:13:00 PM
From: ViperChick Secret Agent 006.9	Read Replies (2) \| Respond to of 58727

well this wave analysis is too damn confusing for me...now Chris is doing it ;-))))) anyway...I am looking at shorting TXN..so if anyone is interested here is Chris' analysis... To: +lisa (9068 ) From: +Chris Friday, May 29 1998 1:01PM ET Reply # of 9070 GET says txn completed a wave 5 top on 5/6/98. we are currently on wave 3 down. tgt price for wave 3 completion are 49.26 and then 40.00 from my analysis, i would expect txn to hit 49.26 why all this downward momentum? it broke the 200 day ema. CSS II: Analysis of TEXAS INSTRUMENT (TXN) Reviewed on 5/28/98 ************************** High: 54.688 Low: 52.375 Close: 52.750 Change: -1.125 (-2.0882%) Volume Today: 3,198,900 shares. On 5/28/98, TEXAS INSTRUMENT closed down -1.1250 at 52.7500 on volume 3.40% below average. ************************ Summary: Moving Averages TEXAS INSTRUMENT closed at: 52.750 The close is currently Below its 5 period exponential moving average (54.3394). The close is currently Below its 9 period exponential moving average (55.9101). The close is currently Below its 21 period exponential moving average (58.2276). The close is currently Below its 50 period exponential moving average(58.1178). The close is currently Below its 200 period exponential moving average (54.1440). ************************** Candlesticks (Automatically done by Metastock. Accuracy Unverified) A black body occurred (because prices closed lower than they opened). During the past 10 bars, there have been 1 white candles and 9 black candles for a net of 8 black candles. During the past 50 bars, there have been 25 white candles and 25 black candles. Three black candles occurred in the last three days. Although these candles were not big enough to create three black crows, the steady downward pattern is bearish.