Creative Labs (CREAF) Message Board

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Technology Stocks : Creative Labs (CREAF)

CREAF 0.470

0.0%

Dec 5 9:30 AM EST

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To: Jon Tara who wrote (8641)	1/23/1998 12:51:00 PM
From: LoneTrader	of 13925

I totally agree with you! I did agreed with Chip when it was at $29 and $22. I don't see the pull back of this time as bad. It might last two or three days. Very likely will be stopped at $16. If the Techs will give CREAF a break(3-4 weeks of rally), it will break out. CREAF did this in April of 1994. The general market did not hit bottom until late July of that year. Still if the Techs start to sell off big next week CREAF will go to lower teens. But I see Techs are in a basing period. Some of them alreay break out. BAY, Asnd, Idti, Issi, Dimd, Crus. S-rams and Graphics groups showed some strength. Msft and Csco's chart have problems. Chances are 50/50 that the Techs will rally for another 2-5 weeks.

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