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

To: baney who wrote (6126)	12/1/1997 11:28:00 AM
From: virgil vancleave	Respond to of 13925

gives people like myself a chance to buy it back on the dip. i sold at 28 (covered call) and got called. i will be buying if we dip to the 100 day moving average. looks like we may test it in the next few days as it is looking week here. naz is up due largely to cisco which is roaring to new highs. looks good for a move to 100 or so. want to check out some downward momentum, look at the oil drillers and oil companies. also check out a few charts. i am thinking about shorting and following the trend as i think it will continue. i am short pten from 40 a week ago for one. looking to short scswf, but chicken to pull trigger just yet. i am also short imnx at 58+ and if it breaks the gap line at 54........OUCH down she goes to? 30 to 40ish. btw, 100 dma is just above 24.5 from what i can tell. i don't thinkk it will get there. i would buy at 25.5ish which is the 50 day moving average, it's close.

To: baney who wrote (6126)	12/1/1997 12:21:00 PM
From: virgil vancleave	Read Replies (1) \| Respond to of 13925

sorry, i decided not to wait as i don't think creaf is going below 25 3/4. i feel lucky to have bought at 25 25/32 just 15 minutes ago. although it may drop slightly, this one could be a nice winner longer term and is undervalued here fundamentally. technically, i would not be surprised if we finish around 27 and then move up from there. chip still has time to cover here if he is still around. good luck looks like i should have waited a little longer. oh well