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


To: CJay who wrote (5819)11/17/1997 9:40:00 PM
From: Ron Kline  Read Replies (1) | Respond to of 13925
 
I just don't see what all these supposed technical experts see in the chart that makes them think CREAF is going down. Yes little pullbacks, but that's normal. It really has never shown any signs of being weak during all this market turmoil. If anything you should be glad you have this stock vs. most all other tech stocks I've seen except for maybe IOM or CSCO. I see more of a breakout in the chart pattern than anything. I guess we will wait and see, but I can guarantee you will not see any significant breakdown in this stock. If we crashed and it didn't happen, it ain't going to happen now.
Ron



To: CJay who wrote (5819)11/17/1997 10:12:00 PM
From: CHIP HUNTER  Read Replies (1) | Respond to of 13925
 
Cjay I would suggest you read my previous posts about me covering my short at 22 1/8 after i shorted into the earnings report. Made about 40% on that trade since i was 200% long. Yes the charts also told me friday the stock was being sold into strength. You see Cjay charts usually reflect all positive and negative news announcements beforehand.... I base all my trades on the charts and nothing else my friend. Btw i said i would revisit again once there was another shorting oppty, I'm a trader Cjay not a long term investor!!