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


To: JGreg who wrote (13302)2/11/2000 6:16:00 PM
From: blankmind  Read Replies (1) | Respond to of 14266
 
avg daily volume for the last 6 months means little when the trading jumps to the recent volume. the microcosm of the last few days need to be examined and how the stock reacts as volume finally decreases. if we see follow through on monday and tuesday and a positive market, this drop will be seen as a buying op and fresh blood in the stock.

at least we no longer have the conspiracy theories about the company trying to quash the price, because today would have been a perfect day to crush the stock price and get the cheap options and allow shorts out with even a bigger profit.



To: JGreg who wrote (13302)2/11/2000 6:24:00 PM
From: Dennis K. Showers  Read Replies (3) | Respond to of 14266
 
I have been holding my breath all afternoon. I just got home and although I have not yet downloaded my charting info. I will say this. HAMMER! The formation was confirmed today. At this point it looks 'testbook'. I believe that a reversal has just taken place for the reasons given last night. I believe we have seen the bottom. I also believe that the volume was great enough to be considered significant. We may not go up from here (I think that we will) but we should not go below yesterday's low. By that I mean that we could trend sideways, but the current trend, down, should be ended. I will post later tonight and show some examples of past hammers if I can find them in THQI's chart. This is a very powerful chart symbol. I am very pleased.

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