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Technology Stocks : AUTOHOME, Inc
ATHM 23.43-2.1%3:59 PM EST

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To: Badshah J.Wazir who wrote (11054)6/11/1999 7:07:00 PM
From: E. Davies  Read Replies (1) of 29970
 
I fear the Market is going to RUN, RUN on the downside ie may be 15-20% correction from the high.
When Ahhaha was incredibly bearish on ATHM and the market nearly everyone disagreed with him. He was wrong for quite a while too.

Now that he is cautiously bullish I suspect he wont be right until nearly everyone disagrees with him too. When we are all convinced it must go lower, then it won't. I for one am convinced it must go lower.

Just a little interesting story: The only time Ahhaha ever recommended I buy a stock (actually he ordered me to buy it <g>) was to buy T at the open on 9/1/98. Split adjusted the price was 33 1/3. Take a look at a chart-- The absolute bottom that day! Gone straight up and never looked back. Was it luck? You judge.

Eric
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