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Technology Stocks : THQ,Inc. (THQI)

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To: RealMuLan who wrote (3520)2/25/1998 9:38:00 PM
From: Nelson Chang  Read Replies (1) of 14266
 
>>>Technically speaking, this kind of gap up opening (from $24 something to $26) has to be filled before a solid run-up.<<<

I am a technician by nature and I know that to be technical mumbo jumbo.

Stocks that DO NOT fill the gap prove to be especially strong in the near term - because on news like this people do not wait for the gap to be filled before accumulating.

Gaps on news often do NOT get filled - take a look at DELL, AOL, and LU recently.

I wish I had bought those even after the gap up. If you can make gains like that in the near term...why the heck wait for the gap to be filled???
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