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

To: BZOOKA who wrote (6422)	12/4/1997 11:00:00 AM
From: virgil vancleave	Respond to of 13925

just to show how fast things can and will probably turn, the shorts must be clambering over themselve in the oil drillers. i have watched a couple like pten go from 31 two or three days ago and is now at 43. and moving quickly. i still like the looks of creaf and have watched it do this before when i waited just a little bit too long at 15ish last summer. i put my bid in and the next day it gapped up and never looked back. trend is still ok. fundamentals even better and that's without their cash position and low debt position. looking to buy more.

To: BZOOKA who wrote (6422)	12/4/1997 11:09:00 AM
From: Nazbuster	Read Replies (1) \| Respond to of 13925

BZOOKA, I'm just now reading about trading/indicators (Elder's book), and would like your interpretation of the following 2-year look... chart2.bigcharts.com:80/chart?time=9&freq=1&uf=8&lf=4&type=2&style=1&size=2&maval=9&state=0&compidx=aaaaa%3A0&symb=creaf&ma=0&comp=&trans=0&r=chart&sid=9203&sec=c&xyz=120817219&s=1699 It looks to me that, during the rise, the MACD highs were rising for awhile, but slowly turned to lower peaks (indicating weaker highs). At the same time, the MACD lows were getting stronger. Doesn't this indicate a weakening stock in general? Shouldn't we look for weaker tops for sell points and weaker bottoms for buys?