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

To: Ron Kline who wrote (6884)	7/17/1998 9:57:00 PM
From: Brian MacDonald	Read Replies (1) \| Respond to of 14266

Ron, <<The next step for THQ is to break that old high on pretty strong volume. It may take the earnings report to do this but I feel THQ is very close to making new highs. That's how I read it and only time will tell. >> The previous 'high' was a spike up to 33 3/8. That spike was very short lived and the stock corrected almost immediately. This time the technical picture is quite different. Notice the divergence in the MACD is about ready to turn positive. - see: bigcharts.com When this happened before we saw a rapid rise in the price of the stock. With a good short position in place, things could get very explosive in the next couple of days as the momentum players jump all over THQ. For those short, sweet dreams. Brian