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Technology Stocks : Creative Labs (CREAF)
CREAF 0.4700.0%Jan 9 9:30 AM EST

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To: Brian Lempel who wrote (13185)12/23/1998 10:05:00 PM
From: lcminc  Read Replies (2) of 13925
 
Question for you Brian, I have been trying to figure the relationship between CREAF, Hang Seng Index, and Nasdaq Index. I have been noticing that CREAF has an extended time lag in following the Hang Seng Index. CREAF usually has a two three day longer down turn than the Hang Seng Index. CREAF does not generally seam correlated to the Nasdaq Index as well as the Hang Seng Index. I wonder how much of this is related to arbitraging CREAF between these two markets. Any opinions would be appreciated. I have been having a hard time trading this stock due to this relationship.

Logan
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