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Technology Stocks : Creative Labs (CREAF)
CREAF 0.448-4.6%Dec 17 12:59 PM EST

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To: Dennis G. who wrote (5605)11/12/1997 6:42:00 PM
From: Douglas V. Fant  Read Replies (1) of 13925
 
Dennis G.,

7400 looks like a possible support level on the Dow. I was in buying nibbling today at the close. Also for better or worse I closed my two short positions in the last ten minutes of trading today too....

As stocks selloff the liquidity in portfolios rises, thereby building the grist for a new rally. My guess is that we are getting a whole lot closer to a bottom in the US markets. But really- wouldn't it be nice if CREAF fell back three points this week before the announcements on Monday for one last "bite at the apple"?????

Sincerely,

Doug F.

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