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Technology Stocks : Creative Labs (CREAF)
CREAF 0.370-21.3%Oct 31 1:10 PM EST

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To: Jon Tara who wrote (8656)1/23/1998 11:26:00 AM
From: Vanni Resta  Read Replies (2) of 13925
 
jon tara wrote: "if you think that concrete conclusions are possible with TA, you are a fool. But then we already knew that."

If you can't reach any conclusions from it, then why bother?

Then he wrote:

"I wasn't predicting anything. All that one can do with TA is conclude likely direction, range, likely turning points, etc"

It's funny, though. Those actually do sound like conclusions to me.

jon tara also wrote: "Also, is *not* true that there is always a pullback on a post-earnings rise. You have a short memory on this stock. (Or haven't been following it very long.)"

So, your point is that the stock has always held its level after running up on an earnings announcement? Do you really believe that? So this means that we are not really now at 19 1/2. What higher price are we at then, Jon, and could someone sell shares to you at that higher price?

Happy Investing!

Vanni
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