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Technology Stocks : THQ,Inc. (THQI)
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To: Joe Casey who wrote (7229)7/24/1998 2:34:00 PM
From: Sigmund  Read Replies (1) of 14266
 
What is this about a triple top? The old high was $33 5/8 or something like that. THQI hit a new high recently. It has only been a small number of days since then. On a micro-basis we may have been at $36 a couple or even three times within a week but is that a triple top?

I don't see this trading as indicating anything at all about the future. The stock runs up before earnings and then goes back down. The low this time will be surely higher than the last couple of times. And eventually the stock will set new highs.

The only question in my mind now is the right time to buy.
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