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


To: Hitch who wrote (7569)12/26/1997 9:37:00 PM
From: BZOOKA  Read Replies (1) | Respond to of 13925
 
Technicals on Creaf:
Stochstic on 90 & 180 day chart has moved high above buy signal and on the one year chart just gave a buy signal,RSI over 30 and MACD in positive territory,a cross over on the moving averages suggests the sell off has ended,BUT fast Stochastic suggests a few days of downtrend should not take us down that much just maybe intraday,THIS WOULD BE a positive sign of the breakout which is about to happen.Now if that doesn't happen and it goes up from here
then max it could get to would be 24 area therefore I would like to see
some intraday lows and then recovery.

Just my opinion,and by the way if RLM shorted this stock to see below 10 use the next few days to cover.

Good Luck



To: Hitch who wrote (7569)1/6/1998 3:39:00 PM
From: RLM  Read Replies (1) | Respond to of 13925
 
Hitch,
Check again, Creative was at 4 last September. Also I am happily covering my short position today.

RLM