Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: Gopher Broke who wrote (13128)	12/16/1998 5:12:00 PM
From: Ben Beale	Read Replies (1) \| Respond to of 13925

GB, Re: drumbeats. Market Edge, which still lists CREAF as a buy ("long"), peged the resistance level at $16 1/8 (before today's trading) which was bullish. It recommends a stop-loss at $15 1/8. Since CREAF closed today under 16, I still think, as I said two weeks ago, that we'll see 14 before we see 20.... I also agree with Gauguin that 12 or something close to it is possible. I'll be a buyer at 12 or below. As you know, I took my lumps and closed out my Jan 17.5's yesterday at a loss. 'Thought it was beter to get half a loaf now than nothing later. I'm hoping you were able to do the same on your December 17.5's? One or two more days like today, CREAF will have made a trend reversal. With the buyback suspended after Friday, the chart isn't all that encouraging: stockmaster.com r/s Ben