THQ,Inc. (THQI) Message Board

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Technology Stocks : THQ,Inc. (THQI)

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To: Todd D. Wiener who wrote (3367)	2/19/1998 12:40:00 AM
From: Sigmund	of 14266

Todd, interesting analysis of the THQI chart but I think that we also need to keep in mind what the sector and overall market is doing. Today essentially all the stocks in the sector were up. The overall market has also been strong. Will the sector be strong again today? If yes or no how will this impact THQI? The reason I bring this up is that it wouldn't take much to change the look of this pattern. It is interesting that we were talking about H&S a month ago, then is was cup and handle and now some are questioning a triple top. A small move up would end the candidacy of the triple top scenario. A small move down would give it new life and perhaps later spawn the quadruple top scenario. It is clear that it doesn't take too much to really change from being a weak TA position to being very very strong. As you point out, the lows are increasing and that suggests to me that it is better to be long than short right now.

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