Creative Labs (CREAF) Message Board

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Technology Stocks : Creative Labs (CREAF)

CREAF 0.448

0.0%

Dec 18 4:00 PM EST

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To: LoneTrader who wrote (7299)	12/16/1997 10:37:00 PM
From: Douglas V. Fant	Read Replies (2) of 13925

Lone Trader, I noticed yesterday that two tech stocks gave earnings warnings- and then did not lose any ground in price that day. So a little anecdotal evidence that there's not much more downside in techs regardless of the news.... As to CREAF, we are right around the 200 day moving average- let's see where it goes tomorrow. I see resistance around 20 7/8ths on the upside. And from the explosive recovery today, it might be that the 200-day moving average will hold on the downside..... Sincerely, Doug F. P.S. Check out SEMX for a bargain too....

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