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


To: BZOOKA who wrote (6258)12/3/1997 12:47:00 AM
From: DD™  Read Replies (3) | Respond to of 13925
 
"Fast Stochastic under 20
Slow Stochastic under 20"


My charts do not show the oversold Stochastic yet..

iqc.com

DD



To: BZOOKA who wrote (6258)12/3/1997 1:00:00 AM
From: virgil vancleave  Read Replies (1) | Respond to of 13925
 
looking closely at some charts for a few companies. some such as altera, veco, and even nke charts looking very bearish and would be good shorts here. but creaf as well as dell and a few others look ok. take a look at dell recently and you will see that it dropped to 70 and is now back to upper 80's and once again breaking above the 50 day ma. it just barely touched the 200 day and bounced strongly.
also couldn't help but notice the trading in creaf. it has done this little whipsaw a few times already and i don't think this one is any different. it has had 5 to 6 point swings when the price was much lower which if you were good you could have doubled more than once. we have an excellent buying opportunity in front of us. not only that the products are selling quite well and stores are having trouble keeeping them in stock.
i want to buy more tomorrow and will as soon as i sell another holding as i don't like to load up too much on margin.
good luck all and hope this helps.



To: BZOOKA who wrote (6258)12/3/1997 9:41:00 AM
From: Kulnor  Read Replies (1) | Respond to of 13925
 
Bzooka,
I agree with you on the technicals. There is also a nice uptrend line in the most of the SMI (5,8,13,25,...). We may need one more day of selling but should resume course after that.
Block size was very interesting yesterday too. Some very big one (150K+) went through.
My only concern is that we broke the lower trendline defined by the lows of 3/31 and 10/21 (but we close right on it). I think if we close > 23 1/4 today we're fine, otherwise, we may see 20 (which is what I think we are seeing right now...oops).
Anyway, I jumped back in yesterday and am not too concerned about the short term of this stock. Let's see what comes out of the annual meeting.
BTW, anyone was at the FedExpo yesterday for CREAF's presentation?

P2

PS; Of course, I may be wrong. Make your own decision...



To: BZOOKA who wrote (6258)12/3/1997 11:25:00 AM
From: WILLIAM BLACK  Respond to of 13925
 
Bzooka:

After looking at the chart and today's drop to 20, it appears that we have
finally filled the gap that was made on the upside in October. Today's action should
verify the move with a candlestick "hammer" formation which would be a turnaround formation.

Bill Black