Creative Labs (CREAF) Message Board

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Technology Stocks : Creative Labs (CREAF)

CREAF 0.470

0.0%

Jan 9 9:30 AM EST

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To: Ken Twining who wrote (7072)	12/12/1997 12:25:00 AM
From: taxikid	Read Replies (1) of 13925

ken the buying oppty may have been unprecedented.. many ran away today with their tails between their legs and many others never to return.. others have added and will eventually be rewarded. unfortunately these threads are often overpopulated with undercapitalized individuals that worry too much about the near term when it is really the long haul that we should be concerned with.. my position purchased today will not be sold unless we lose 12% in one shot.. otherwise i average down and daytrade into the weakness. the core position could have been held.. i averaged down today to get my complete creaf stock position to 17 59/64-{that's the ugly number} i liquidated 1/2 the position @ 18 and paid the commission with the profits, leaving me the freedom to acquire more if we experience a dip.. i have missed plenty of rides north in many stocks but the ride down is usually turbo.. we have seen turbo and it may continue.. i will not rush headlong into a freight train. good luck taxi

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