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


To: prakash who wrote (8225)1/14/1998 2:26:00 PM
From: taxikid  Read Replies (2) | Respond to of 13925
 
i feel guilty.. i scalped some for a quarter and reshorted gern @ 14 13/16...
i still hold the same amount of shares as this morning..
though i may buy again if we see 17 1/8..
makin do today.. i don't know why.. but thing are going great entire portfolio is up 50% this year..
whew..
taxi



To: prakash who wrote (8225)1/14/1998 11:08:00 PM
From: Jon Tara  Respond to of 13925
 
Prakash, picked up 1000 this morning at 17 3/16, sold on the close at 17 1/2 - didn't like the way that Intel closed, though CREAF may still be fine tomorrow.

I've been picking up nickels and putting them in my pocket lately - did the same thing with AMAT Monday. Better another nickel in my pocket than to fill it up with those durn silver dollars and have them wear a hole in it and all fall out. :)

I was awfully tempted to short it at 18 earlier in the morning, but didn't have the heart to. I saw it teetering on 18, and knew what came next. I think I'm going to do more very short-term trading on CREAF, since by now I know it so well.

Not enough to know what the hell it will do from one day to the next, but it's pretty predictable intra-day. Lately, it's pretty correlated with the market (hasn't always been so) but has a lag, which is nice. Watch INTC, and an hour later, watch CREAF...