THQ,Inc. (THQI) Message Board

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Technology Stocks : THQ,Inc. (THQI)

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To: Jeff Bond who wrote (8956)	12/11/1998 6:36:00 PM
From: Jim Willie CB	Read Replies (1) of 14266

Jeff, you old hedge hog... it is Corned Beef !!! my semi-amateur, but experienced technical analysis on THQ price chart has concluded a price target... we have a classical technical reversal pattern of serious magnitude in progress... a reversal that is accompanied by a fundamental reversal (a wrestling license)... the price of 24-25 served as a left shoulder last July, and 25-26 served as a right shoulder last month... not a flat pair of important shoulders, but with a positive bias no less... bottom was noisy but let's just say 12-14 after some measure of smoothing... that makes the trough about 12 points in depth... once we get above 25 (three weeks ago), we very likely will see the reversal "play out" at roughly 12 points above the right shoulder... ergo 37-38... my guess is timing of Feb99 fiscal year earnings you heard it here... hey, shorts, keep shorting til you aint got no peepees in February / Jim Willie

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