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Technology Stocks : Creative Labs (CREAF)

CREAF 0.470

+4.9%

Jan 12 9:43 AM EST

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To: CHIP HUNTER who wrote (4810)	10/23/1997 1:33:00 PM
From: Jon Tara	Read Replies (3) of 13925

Chip, why aren't the "weak hands" selling today? You still haven't told us what it is on the chart that you like. Odd that somebody who relies solely on TA is so unwilling/unable to explain just what TA they are using. BTW, I HAVE just exited the market (sold my CREAF at 26 1/8), and will probably sit-out the weekend - too much risk. May short SPY at 94 1/2ish to pick up a few bucks. I have close to a 10% gain on my portfolio in 48 hours, thanks to CREAF, REAL, and QNTM. (QNTM sold earlier this morning.) Call me "weak hands" but I think that 10% in 2 days ain't bad. I may be wrong selling CREAF - it is one of the strongest stocks in the market, but if we get a serious decline in the US, even CREAF will not be able to move up right here. (Sigh - missed that 94 1/2 short while I was gabbing! :) ) Oh, and thanks to Datek for improving their server speed - the upgrade came just in time! Keep in mind that I am a very short-term trader. I see no reason to sell CREAF in longer-term accounts here.

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