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


To: Mr. Aloha who wrote (13312)2/11/2000 9:07:00 PM
From: Mr. Aloha  Read Replies (1) | Respond to of 14266
 
One more thing.

Regarding the markets..

The Dow Theory has a .900 batting average with the bull/bear movement.

Today Oil prices are at $29.50 and the Transportations Average continues to fall.

Either the Transportation average is going to hafto rebound or the Dow will need to come back down. ONE of them WILL happen. If the Transportation stays at this level or moves lower, the Dow is likely to break down below 10,000 and go to as low as 8000-8500.

One important factor is a possible OPEC decision to increase oil output to their previous level in early 1999 - don't know yet.

Here's a chart.
quote.yahoo.com^DJT&d=5ys

This is what caused so much trouble in the 70s and '91(minor)
quote.yahoo.com^DJT&d=mys

Keep this in the back of your mind.




To: Mr. Aloha who wrote (13312)2/11/2000 9:50:00 PM
From: blankmind  Read Replies (1) | Respond to of 14266
 
Today WAS good volume.

it certainly was. the more amazing part was how light volume was able to push the stock higher, and when the market went down hard, thqi rose. and the end of day volume picked up, and one has to wonder if it was merely short covering (take the profits) or someone buying.

quote.yahoo.com

did the mover early over 19 attract a bunch of shorts or merely new sellers getting out with a profit?

clearly there was support all day at 18 5/8-18 3/4, which i would argue was accumulation.



To: Mr. Aloha who wrote (13312)2/14/2000 4:44:00 PM
From: Mr. Aloha  Read Replies (2) | Respond to of 14266
 
GTIS was up 40%+ today.

It looked good on Friday. I missed it.

Now I'm left with AKLM???

Today was a good day. We held pretty well. Had some late buying. The stock needs more time. I'm going to buy more THQI right before earnings I think.