Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: Jon Tara who wrote (5604)	11/12/1997 5:24:00 PM
From: Dennis G.	Read Replies (2) \| Respond to of 13925

Anybody look at the bull/bear survey on SI today? It just went under 1 for the first time ever I believe. It's actually lower than it was at the bottom of the April selloff and the July 96 crash. Every time so far it's gotten to these levels the market has rallied. Think history will repeat itself? Or is something different this time? I haven't seen any indicator as consistently correct as a contrary sentiment indicator. It sure seems like everyone is calling for the market to go lower. How many times has the market seen fit to satisfy the majority opinion? Most of the doom and gloomers must have already sold what they wanted to sell and there is a lot of cash on the sidelines and a lot more still pouring in every week. Could a rebound be just around the corner? Dennis

To: Jon Tara who wrote (5604)	11/13/1997 4:25:00 AM
From: Hitch	Read Replies (1) \| Respond to of 13925

Jon, my ouch, ouch, ouch was related to the general market for the day, not Creative. I got stopped out of my last 1000 shares of AVEI and was less than happy about it. Also I really expected CREAF to hit a new high yesterday, but I think BAZOOKA called it right about people wanting to sell into the FED news but when they did there were fewer buyers around than anticipated. You mentioned that I can average down -- if it gets to the point where I can average down we are all in a world of hurt--- You see I am still holding my core in Creative that I purchased at 7 & 8 dollars several months ago so if it gets to the point were I can average down then Creative will have had to take a big plunge. I can assure you that if people want to sell their shares at a discount today during some panic selling that I will be there waiting to buy those shares and give them a nice comfy home. There are few if any stocks out there that have fundamentals any stronger than CREAF and selling at a discounted PE like CREAF is. I could go into many other issues and perhaps turn a quicker buck but in a market like the one we have now I will stick with the CREAFers. Best Wishes Hitch