As many of you already know, I am the editor of a free investment newsletter. This week we highlighted our little friend, THQ.
As we all can see, it is treachorous trying to figure out when to buy in during this rocky market. But, I personally think that THQ is poised for strong growth over the next 12 months. If you would like to see the full report, then I'd be glad to share it with you. Just e-mail me at firstname.lastname@example.org. Regards,
On balance volume index and negative volume index are both showing fair short term value of 17.5 per share to 18. This in english indicates that the smart money is buying on dips and also during low volume days. When the stock price diverges from these indicators... it is usually bullish if stock is dropping while these lines are rising higher thant stock price. I think thq rallies back to 17 1/2 to 18 shortly here... dont sell.. buy more at 15 if you can... db long 8300 shares since march
In the 1973-4 bear, W. Buffet was buying like an "oversexed guy in a whorehouse", stating "this is the time to invest".
We're no Buffet for sure. We don't know if 98 is just 73 and we will have another horrible year in 1999. But investing is also about the "firmness of one's character". Look for value, drive a hard bargain, and put it in the closet for a few year, let the business side takes care of the earnings and share price.