THQ,Inc. (THQI) Message Board

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Technology Stocks : THQ,Inc. (THQI)

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To: Jeff Bond who wrote (8573)	11/14/1998 12:23:00 AM
From: Sigmund	Read Replies (3) of 14266

<< 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.<<< You are not alone. I also did not act on that very clear candlestick formation. I didn't act because I thought the dip would be very brief. It was brief but there certainly was enough time if nimble to make a few bucks. The problem with TA for me is that doing it right earns a few bucks. Selling at $25 and buying back at $22 is very nice. But selling at $25 and having the stock shoot up to $27 then creates a problem at least for me psychologically. Do you buy back in at $27? It is too easy to get shut out of THQI by selling and being reluctant to buy back in at a loss. So I decided to just be an investor.

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