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Technology Stocks : THQ,Inc. (THQI) -- Ignore unavailable to you. Want to Upgrade?


To: Raymond James Norris who wrote (13188)2/10/2000 12:16:00 PM
From: Sigmund  Read Replies (2) | Respond to of 14266
 
<<< there is no arguing the trendline break of the major bull that THQI once had.<<<<

I have to agree with that. If nothing else the attitude of the investor towards Farrell and the company has now changed dramatically.

But it may take a year or more to know if an uptrend continues. THQI is likely to trade higher later this year...but we know not yet higher than what....higher than 18 or higher than 12. If it trades in the $30 range that would be lower than last years high so we would still not know if it were a downtrend or a new uptrend starting from a lower level. We would need another six to twelve months to have a pattern that meant anything.

Chances are THQI will not exist that long.



To: Raymond James Norris who wrote (13188)2/10/2000 12:40:00 PM
From: TraderGreg  Read Replies (1) | Respond to of 14266
 
Raymond, you probably have addressed this issue already, so forgive me for asking again.

How does this recent break from the long term trend differ from a similar retracement that occurred in spring '99?

TIA

TG