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Technology Stocks : THQ,Inc. (THQI)
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To: Jeff Bond who wrote (9692)2/11/1999 10:00:00 PM
From: Brian MacDonald  Read Replies (1) of 14266
 
Jeff,

I agree with your assessment of the MACD for THQI. The same can also be said for EIDSY - which is technically looking much stronger than THQI. Another confirmation is that ERTS today was in negative territory almost all day until around 3:00 P.M. when it took off and closed up more than a couple of points on the day. Tomorrow should be a strong day for all of these stocks.

Re: THQ

Just a side note:

The last few times that MACD has crossed into positive territory, we have had 3 and 4 day sharp rallies that took us up 6 to 7 points. If that trend repeats itself, we should be over $30.00 by the COB next Wednesday. It'll be interesting to see if this pattern holds true ;)

Brian
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