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To: jbIII who wrote (1609)9/3/1998 9:41:00 PM
From: Jorj X Mckie  Read Replies (1) | Respond to of 7616
 
John,
TXN P&F - Doesn't look pretty. In a column of Os with support at $47 (spread triple bottom). If it hits $46 I might buy puts cuz it would be breaking significant support. If it tests and holds $47 I might buy calls for a quick trade. A general observation is that many stocks seem to be forming mini triangles (flags) (including TXN), which indicate that they may be moving significantly one direction or the other. My guess........down.
Good grub:)
Tom