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

To: Barry Cartwright who wrote (3838)	6/23/1998 11:38:00 PM
From: otter	Respond to of 6180

Barry, yes, was looking at daily. Now looking at weekly. (Ok, What IS a fibonacci retracement?) An investor would like the weekly chart. Even a trader with a - oh 30 day horizon, I suspect A day trader would look at stochastics on daily chart & sell with an eye to getting back in at a lower price... risking not seeing that lower price........ Thanks for pointing these things out.

To: Barry Cartwright who wrote (3838)	6/24/1998 11:27:00 AM
From: otter	Respond to of 6180

Last night, I ran daily and weekly charts on TXN, INTC, and a couple of others in which I have an interest. Weeklies showed TXN and INTC poised for move up. Dailies suggested (tea leaf reading) TXN would fall, but not INTC. Well, it's around 11:30. INTC went down almost 2 points and is now back up to -1/2. TXN opened higher, then went down @ 1/2 point and is now up from its open @ 1/2 point. A conclusion of sorts: Daily stochastics can mislead. Glad I did nothing (at this point)..... Thanks for the advice. I was having an anxiety attack.