Creative Labs (CREAF) Message Board

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Technology Stocks : Creative Labs (CREAF)

CREAF 0.411

-6.5%

Dec 8 12:12 PM EST

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To: Brian Lempel who wrote (8434)	1/18/1998 10:50:00 PM
From: JessiDani	Read Replies (1) of 13925

I sold because the long term uptrend has been broken. Look at a weekly chart of stock price. For example, compare a weekly chart of CREAF with INTC. There is quite a difference today, even though from high to low INTC was down about 32%. My "charts" don't predict the future. I'm no fortune teller and not a great prognosticator, but I had an opportunity to get out with a profit, although smaller than I could have, and to wait to see when the next trend will be established. When CREAF is back into an uptrend, I will buy. In the meantime, I look for other opportunities for my CREAF money. In general, I buy and hold. I'm not comfortable holding CREAF right now, even though it could pop next week. The three recent spikes downward on the chart don't make me, oh no the "f" word, feel comfortable holding right now. JD

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