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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: prakash who wrote (7667)1/5/1998 11:43:00 AM
From: Jon Tara  Read Replies (3) of 13925
 
Prakash, I haven't really been following CREAF technically. I am only holding CREAF in my IRA, and have basically forgotten about it, intending to hold until it reaches fair value. (At least. :) ) Will look at it tonight, though.

I'm currently "200% long" (where did Chipper go, anyway :) ) Intel Warrants in my trading account. (Paid too much - 51 - shoulda paid more like 49... but I'm looking for 10 to 30 points.)

Ah, a QUICK look at CREAF - it appears it could be in a "flag" right here. I'd expect a couple more days of hanging around here before it takes-off again. It has stopped short of over-bought, which suggests that it could actually have enough oomph left to break out of the flag after a little more rest.
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