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

To: Gravitar who wrote (5359)	11/4/1997 10:55:00 PM
From: Jon Tara	Read Replies (1) \| Respond to of 13925

Depending on how the market treats us, I might just load up on CREAF tomorrow. (Sold all today, once again - hey at $10 a throw, why not? Am finally getting used to the notion of "if it seems like an unreasonable profit in too short a time, sell!". Sold my QNTM, SUNW, GW, GI, JTAX, GLM, and CMOS . Heck, I just picked up the GLM and CMOS earlier today. CMOS, in particular, seemed like an unreasonable profit, so I took it near the close while it was still unreasonable. :) Will probably gap up tomorrow, of course.) Looking at the chart, we've formed a big ol' right triangle, from mid-September to date. Once CREAF breaks-out of resistance around 28, it will FLY. A buy-stop around 28 1/2 would be most appropriate if you don't want to watch the stock constantly. I would not be surprised to see a rapid $10 move in CREAF once it clears 28ish. (Oh, I do still have CREAF in my IRA account, along with QNTM, SUNW, GI, GW, and JTAX. I can't do quick trades with that broker, so I'm forced to take a longer-term strategy. I do beleive that these all have several-point runs ahead of them, but felt that there could be some short-term weakness.)