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

To: Jon Tara who wrote (6556)	12/5/1997 1:31:00 PM
From: Jeff Christensen	Respond to of 13925

I use IQC Suite charts for technical indicators and yest there were 2 positive indicators (1) the cash flow was positive, highest its been in several weeks and (2) the Ultimate Oscillator showed that the price reached a lower low and wasn't supported by a lower low of the UO, this is a bullish indicator. Let's hope that this portends an upward trend from here, JC

To: Jon Tara who wrote (6556)	12/5/1997 1:51:00 PM
From: virgil vancleave	Respond to of 13925

looking at a chart, i can see what chip is looking at. below the 200 day ma, there is little support. first at 16 to 18 but that support doesn't look very strong. next support is at 12. that support is very strong and i could not see us getting there or even close. if it does, it would be time to sell my car, van, house and everything elsde i have and back the truck up. the support at where we are with just under 20 being the low end and 22.5 on the high is very strong and very well established. also the fundamentals here look good from the past , present cash position and earnings, and from a futuristic perspective. i doubt we'll see this one go under 20 far, and to be able to get in at around 20 should be thought of as a steal since the stock price will follow the fundamentals in the end. that is of course, unless the fundamentals change. from what i can see, fundamentals have not changed. don't believe me, go to the store and see what products are selling or even better yet, ask your friends. since i am still somewhat new at chart interpretation, i would like some others opinions to see if i am doing this right. thanks and good luck.

To: Jon Tara who wrote (6556)	12/5/1997 2:49:00 PM
From: CHIP HUNTER	Read Replies (1) \| Respond to of 13925

Jon I disagree with everything you said.... The stock should bounce at the 200dma, the question is how far will this dead cat bounce take us. Also I do not understand how you can say the stock has not been damaged over the last few days.... Jon it has been damaged!! Look at the chart my friend. Jon I base all my trades on TA and nothing else, if TA is illegal than I'm very guilty!! Also if funnymentals worked so great why did the stock fall after all the recent upgrades and the great earnings report?? Funnymentals worked great didn't they Jon!! Good luck Jon