Creative Labs (CREAF) Message Board

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Technology Stocks : Creative Labs (CREAF)

CREAF 0.470

+4.9%

9:43 AM EST

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To: Doug Fowler who wrote (7027)	12/11/1997 4:54:00 PM
From: Douglas Webb	Read Replies (4) of 13925

Unfortunately, we may have gotten a little warning that things are pretty much downhill from here for a while. Downhill from here? It seems like we're all mangled at the bottom of the hill already! Every time we have a bad day, people ask the expert chart analysts here where the next support and resistance levels are. Then a few days later we break the resistance. So, I decided to look at the charts myself and see what I can see. I see very strong resistance at about $0.00 I really, really, really don't think CREAF will fall below zero, no matter how positive the fundamentals look. So if we can all just hold on for a couple of months, we should at least have nothing. There, that's what I see. At least we'll have one rock-solid prediction on the board. Now lets hope our Dec calls don't go to waste... Doug.

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