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

To: Steve T who wrote (8476)	11/6/1998 11:15:00 AM
From: Roy F. Baker	Respond to of 14266

I believe in the candle and band approaches to forecasting; but sometimes "Groupthink" moves a stock in either direction far more than an actual forecast could push it. First many got on the bandwagon pushing the stock when buying fueled more buying, than selling fuels stop lose selling and it causes the stock to go down as everyone jumps off the wagon. News or reasons are not needed and sometimes even if news occurs which would refute the events they still occur, again this is when reality and perception blur and become one. Of course a certain amount of give back had to occur eventually and after this is over THQ will be back in the race to search out new ideas, games and hopefully highs. Regards Roy