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

To: Dennis G. who wrote (7339)	12/16/1997 3:53:00 PM
From: virgil vancleave	Respond to of 13925

i don't think it is shortcovering. i got home at 11:30 and we were at 17 so i took a nice little nap. didn't even think of selling. glad now. now i know why i bought creaf and am mad i didn't buy more. if we hold above 19, it may be time to buy more as that is a very key support level and ma. this one is technically ready for another breakout. i just didn't think it would be this fast. and if jbil has even ok earnings, that could help all the tech stocks out. judging by the price movement there, the new will not be too bad. this asia thing has been too overdone and looking at some other data on bonds and stuff, it kind of appears that maybe we are emerging from a slowdown which has been going on for the past 6 months. right in front of my eyes and i hadn't noticed since interest rates are now below 6 percent and commodities are getting hammerred. one thing for sure, if creaf stays above 19, the trend up should be reestablished and i will buy more. i would be scared to be short here. just my opinion. good luck btw creaf just noticed it is 4pm and creaf is at 19. nice day