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

To: Douglas V. Fant who wrote (11652)	6/13/1998 2:08:00 AM
From: mr.mark	Respond to of 13925

thanks, doug. this from thestreet.com: The Coming Week: Market Relieved by Friday's Rally -- and Worried About Asia By Justin Lahart Senior Writer 6/12/98 6:43 PM ET Tragedy narrowly averted. That is perhaps the theme for the coming week, for things looked rather shaky for stocks going forward until the last hour of trading on Friday. With the Dow Jones Industrial Average below 8750 and the S&P 500 below 1080 -- the magic numbers that the market's bounced off of in the past -- traders were bracing for a new foray into negative territory. The rally into the positive column took a load off Wall Street's mind. "I think temporarily we made a bottom here," said Robert Dickey, managing director of technical analysis at Dain Rauscher in Minneapolis. "I would have liked to have seen more volume, better advance/decline numbers, more new highs, but we're still alive. It's unusual to see people step in and buy in the face of uncertainty. I think we'll see some good strength early in the week." Dickey believes, however, that the market's upside continues to be limited -- just as stocks have continued to bounce off the same lows, so too have they run into resistance at the same highs. "I think the S&P will get back to 1120, 1125," said Dickey. "We've had the market rally there six times in the last two months. Here we go again. If you like a roller-coaster market, you're going to like the next few weeks, too." sheesh... it's anybody's guess, isn't it? :-) good luck to all CREAF holders! mr.mark