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


To: Dennis G. who wrote (5902)11/19/1997 1:33:00 AM
From: Douglas V. Fant  Respond to of 13925
 
Dennis G.,

Like you a "nightowl" I be- just came in from the back porch watching a nighthawk hunt mice in a field behind us- a very unique cry if you have not heard one- CREAF IMO is not a good day trade stock, except maybe around big announcements playing the honorable rule of "buy on the rumor, sell on the news". That's what we are seeing here. CREAF is a long-term hold for me.

Now day trading is ok too, but why day trade this stock (except maybe around these announcements) when you can go over to the Internet stocks which whip around wildly with large betas. To me there is a day trader's paradise.

Too many things going well for CREAF- I stay long, bigtime. Meanwhile Market Edge maintains a "strong buy" rating based upon technical analysis of the stock tonight, one of the few strong buys that Market Edge puts forward currently. Note too, that even with the pullback today, that the up/down trade indicator shows that CREAF stock is still under accumulation....

Second Opinion - CREAF
11/19/97

Symbol: CREAFName: CREATIVE TECHNOLOGY Exchange: NMS
PRICE ANALYSISClose27.06Open28.38High28.50Low26.75Change-1.57YrHigh29.38YrLow5.63Mo Chg (%)30.4ResistanceN/ASupport27.50SELL STOP23.65Volatility (%)5Position71ADXR15OPINIONC-Rate0.0 LONG 04/30/97 ÿ ÿ ÿ ÿ ÿ 13.38VOLUME ANALYSISVolume16818Ave Vol 15097Mo Chg (%)-9.8*U/D ÿ 1.1 ÿ SlopeUP ObvBLPos ObvBLNeg ObvBR*MFI ÿ 56 ÿ SlopeUP

TECHNICAL ANALYSISAlpha0.70Beta0.75MACD-STBLMACD-LTBL50-Day R.S.1.1910-Day M.A.UP9821-Day M.A.UP10250-Day M.A.UP108200-Day M.A.UP146STO(Slow %K)55STO(Fast %K)12Wilders-RSI51OBOS1Bollinger Bands29RSV98POWER RATING85 SCORE = 0

COMMENT

Moving Average Convergence/Devergence (MACD) indicates a BULLISH TREND
Chart pattern indicates a WEAK UPWARD TREND
Relative Strength is BULLISH
Up/Down volume pattern indicates that the stock is under ACCUMULATION
The 50 day MOVING AVERAGE is rising which is BULLISH
The 200 day MOVING AVERAGE is rising which is BULLISH
PRICE IS UNDER SUPPORT OF 27.50 WHICH IS BEARISH

RECOMMENDATION

STOCK IS A STRONG BUY

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