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Technology Stocks : Creative Labs (CREAF)

CREAF 0.448

-12.1%

Dec 17 12:59 PM EST

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To: BZOOKA who wrote (6422)	12/4/1997 11:09:00 AM
From: Nazbuster	Read Replies (1) of 13925

BZOOKA, I'm just now reading about trading/indicators (Elder's book), and would like your interpretation of the following 2-year look... chart2.bigcharts.com:80/chart?time=9&freq=1&uf=8&lf=4&type=2&style=1&size=2&maval=9&state=0&compidx=aaaaa%3A0&symb=creaf&ma=0&comp=&trans=0&r=chart&sid=9203&sec=c&xyz=120817219&s=1699 It looks to me that, during the rise, the MACD highs were rising for awhile, but slowly turned to lower peaks (indicating weaker highs). At the same time, the MACD lows were getting stronger. Doesn't this indicate a weakening stock in general? Shouldn't we look for weaker tops for sell points and weaker bottoms for buys?

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