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

To: Sigmund who wrote (8460)	11/5/1998 5:51:00 PM
From: Jeff Bond	Read Replies (4) \| Respond to of 14266

I am posting this so EVERYONE here is at least aware of the situation. I have analyzed THQI's price and volume graphs since last summer using a whole bunch of technical indicators, so I have a pretty good feel for what has and has not accurately predicted future price movement (to the extent reading tea leaves can be trusted). I can only say that I acted this time, and sold my position as a means of protecting my investment. I'll spare the details concerning what has been less than reliable. However, I do want to emphasize that in the past THIS INDICATOR has been VERY reliable, and it also is VERY rare to see it show up. Recent Occurances - 1. 10/27/97 2. 07/22/98 3. 11/05/98 - TODAY Thats it, those are the only recent occurrances, and it has been accurate every time. Look at the chart to see what happended on those days, and you can understand why I decided to act this time around. If it follows the pattern of 10/27/97 then I will simply buy back in approximately 3-5 trading day from now. If it follows the pattern of 07/22/98, then I will wait a little longer. I am simply posting what I feel concerns members of this thread, please reach your own conclusions. To give credit where it is due, this indicator is included in Window on Wallstreet Professional Investor (not to plug, but I find this program very useful). The indicator is a hybrid indicator based on both fundamental and technical information. Here is the description and analysis contained from the chart, and how to interpret it. >>This chart contains indicator alerts that were generated with the "RATE - EPS and Evening Star Sell Alerts" system. The indicator alerts are displayed as colored diamonds next to the price plot in chart pane #1. Quick Interpretation: The diamonds above the price chart indicate possible sell points based on Earnings consistency and the Evening Star Candle Pattern. . Make sure the signal is occurring on an upward trend. If its not then be skeptical of the signal. These signals are rare. Do not be surprised if you do not see them. Evening Star is a bearish reversal pattern. Evening Star is a three day pattern indicated by a long white day followed by a short day (black or white) which has the lower of its close or open gapping above the long white day. The third day must be black and close well into the body of the long white day. This pattern should also occur on an uptrend. The EPS & Evening Star Super Indicator signals shown indicate consistently rising Earnings per Share values over several years and the appearance of the Evening Star candle pattern.<< I appreciate this thread very much. If you have been here for a while, I hope you can appreciate that I just think this is important, and worth mentioning so we can ALL make informed decisions, based on as much information as we can obtain. I will really be looking hard at this tonight. If anyone is interested in what I find, please let me know, otherwise maybe it is better to let people reach their own conclusion. Rugrat Regards, JB