Creative Labs (CREAF) Message Board

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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: baney who wrote (6093)	11/26/1997 11:18:00 AM
From: Jon Tara	Read Replies (1) of 13925

Baney, not sure it makes a lot of sense to hang around near the high end of a pretty wide range trying to get another 1/2 point. Either you think it's going to bust out and make a 5-10 point move, or you think it's had it and is going to drop 5-10 point to the bottom of the range. If you think the former, it doesn't make sense to sell here. If the latter, why not just sell now and forgo that 1/2 point? The risk/reward isn't there for a lousey 1/2 point.

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