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Technology Stocks : THQ,Inc. (THQI)

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To: JGreg who wrote (13046)2/8/2000 4:19:00 PM
From: Mr. Aloha  Read Replies (1) of 14266
 
I have a feeling that we are..

near the bottom and today's drop looks artificial.

The heavy volume gives me the indication that something either good or bad is up ahead. I think it's good.

I'm not ruling out one more fast and ugly drop before the smoke clears. I'd make sure everyone can handle a drop to $17 or possible lower before moving back up (quickly) - just in case. If the shorts are trying to cover, they will try to drop is as low as possible in the shortest time. They hope to trigger a bunch of stop loss orders to cushion their buys.

IMO
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