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Strategies & Market Trends : Lizard King's Trading Swamp -- Ignore unavailable to you. Want to Upgrade?

To: TATRADER who wrote (3896)	1/16/1998 9:36:00 AM
From: Sigmund	Read Replies (1) \| Respond to of 7396

What do you mean by a "three day or less prediction"? I have been a long term investor in THQI and not particularly knowledgeable about TA. But I did get nervous Wednesday and put in some stops ($19 7/8 and $19 3/4) which were triggered yesterday so I am out of the stock right now. I was considering buying back in at $18 which looked like a resistance point to me but I will take your advice and see if it moves to $16. I gather the announcement on NITRO will come out on Monday (Tuesday? market closed Monday) rather than today. If the stock falls below $18 1/2 today I imagine that announcement won't do the stock much good. I really appreciate it that you replied to my post about the NITRO shipping announcement. I realize that this isn't news to the insiders but will be news to the general public. Note Todd's posting on the THQI thread. He is nervous too. He has been great at calling the earnings upward trend so it is important that he is negative short term.