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Technology Stocks : Texas Instruments - Good buy now or should we wait?
TXN 117.26-1.1%Jul 19 4:00 PM EDT

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To: Sr K who wrote (6152)6/23/2009 10:01:45 PM
From: tree_toe_bandito   of 6170
 
I wrote post 6151 in October '08. I said that TXN might test it's 2003 low around 13. On December 5, 2009, TXN hit a low of 13.45. Not bad.

I don't see TXN going up from here.

Looks like it's on the Express Elevator to Hell again.

That's a no brainer. The whole market is on that same ride. I think gold, silver and the miners will turn back up first. I'm watching for an entry point.

TXN would be a good short term short sell in here.

I think the S&P 500 might hit 600 before this is over. Not too sure about the timing on that, could be late this summer or perhaps October. Can't really tell. Just hop on and short it every time it goes down.

You know the thing that really worries me about TI is, if those guys are so smart, why is there a $250 million vacant fab at the intersection of Renner and Alma?
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