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Technology Stocks : Creative Labs (CREAF) -- Ignore unavailable to you. Want to Upgrade?


To: Rutgers who wrote (4723)10/22/1997 10:15:00 PM
From: DD™  Read Replies (1) | Respond to of 13925
 
Techniclly speaking:

Things couldn't be more rosy..

iqc.com

Stochastics, RSI, and big Mo are all heading north (DUH!!!), while the BB's are flaring, following a constriction (although the constriction wasn't as tight as that before the recent run from 21 to 26.)

Looks like the table has been set with the finest of placesettings.

DD



To: Rutgers who wrote (4723)10/22/1997 11:40:00 PM
From: Douglas V. Fant  Read Replies (1) | Respond to of 13925
 
CHIP HUNTER,

Not to be mean spirited and in the good spirit of communication on this Thread, I'll note to you my best short idea- FAST. Now there is a stock which is grossly overvalued. Check it out- It keeps yo-yoing in a range. When it goes to the top of the range I short it, when it falls near the bottom I buy it back.

As for CREAF, as I noted here about two weeks ago my technical service currently gives CREAF a fair value of $48.70/share. Not that it will reach that price; but realize that even with today's "pop" that this stock has a looong way to run on the upside- not worth trying to catch theshort pullbacks with shorts. Finally my second best idea for a short is to short HDCO after a rally....

Sincerely,

Doug F.