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


To: Douglas Webb who wrote (6214)12/2/1997 12:19:00 PM
From: Jon Tara  Read Replies (1) | Respond to of 13925
 
Er, let's stop trying to fit a moving average to what we'd like to see.

I was a bit suspcious of that 100-day moving average bounce. Heck, who uses 100-day moving averages? Yes, it's nice that CREAF bounced off of it twice before.

So much for the 100-day ma. The 200-day ma (which lots of people DO use) is down at 19. On the other hand, CREAF has not tested the 200ma since December, 1996. On the other other hand, maybe that's what it needs.



To: Douglas Webb who wrote (6214)12/2/1997 2:00:00 PM
From: David Beckett  Read Replies (1) | Respond to of 13925
 
Doug: Daily stochastic chart screams buy, but Telechart 2000's BOP indicator shows heaviest selling pressure since August. But a 30 day envelope says buy; Other signals are mixed.

So what the heck, having missed the last big move; I jumped in. Long in my IRA; then bought Dec 25 calls at the openning 1 7/8 Rushing to dentist aptmt I didn't have time to watch it; so the premium hurt worse than the dentist :{. Then bought more calls later at 1 1/4; feels better :}. Placed a GTC order to sell CC Jan 30c at 2 1/2. Would I be better off to just trade the stock at 28.5??? I'm new to CREAF.