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

To: CHIP HUNTER who wrote (6805)	12/8/1997 5:33:00 PM
From: LoneTrader	Respond to of 13925

You two better stop this over here. I can understand Chip closed out any shorts now. In the very short term, the techs are having a rally. The SOX and Nasdaq hit bottom last week. It is due for a rally. Let the trend be everyone's friend. Creaf's sell off is just part of a technical correction with the rest of the group which I put it with Crus, Dimd, Trid, and Nmgc. It's weekly indicators had been very bad right before the sell off. If it wasn't the WOWs I would have sold all my shares above 28. I only sold half of my holdings. Now it is rebounding with the rest of the group. Now the trend is with us. Let's see where it can rebound. Keep a close eye on the Dow and S&P. If they can not make higher highs, the rally in Techs will not sustain. The indicators for the Dow and S&P is negtive at this moment if it can not rally. Their RSI on the weekly is very weak.

To: CHIP HUNTER who wrote (6805)	12/8/1997 5:35:00 PM
From: Jon Tara	Read Replies (1) \| Respond to of 13925

Chip, it sounds to me like you can't make up your mind which stock you want to be in. No, I am not in AAPL any more. I sold as soon as it was clear that their big announcement was a non-event. I'm not sure why you think that I have not gained any more on CREAF until it gets back to 30, as I haven't discussed the specifics of my CREAF investment. I did say, though, that I cut back on my investment earlier, and then added at 20. I lowered my basis in doing so. You are "assuming", which, as you know, "makes an ass out of you and..." well, it makes an ass out of you, anyway. :)