THQ,Inc. (THQI) Message Board

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Technology Stocks : THQ,Inc. (THQI)

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To: rogermci® who wrote (8571)	11/14/1998 12:07:00 AM
From: Jeff Bond	Read Replies (2) of 14266

There was no "morning star" formation today. I am going to purchase back my shares at open Monday morning. I think my experiment was a good one for me. I consider the accuracy of the "evening star" good, and it is only my execution that prevents me from considering my decision a success. The "evening star" DID get me out right at the top of the market. It also DID predict the following days slide. What I did NOT do is act at that time to secure replacement shares around the $21 price level. Poor execution on my part. The net result is that I will obtain my original shares back at the same price I sold them, having squandered an opportunity to buy them back at $4 to $5 less per share. I could probably wait for that gap to fill, but I have learned a valuable lesson here: fundamentally strong companies almost negate the need to concern oneself too much with technicals, since the fundamentals automatically take care of that. Let's get back to business! Rugrats, JB P.S. Chris - in case you missed it, here is what Todd thought concerning THQI going forward about 2 weeks ago. That may have changed by now, based on just released data. Message 6263697

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