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Technology Stocks : AUTOHOME, Inc
ATHM 23.93+1.1%Nov 25 3:59 PM EST

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To: Ron Dior who wrote (14024)8/11/1999 12:40:00 PM
From: ahhaha  Read Replies (2) of 29970
 
Shorts should cover because there isn't enough meat in the rest of the down side move, but there is plenty of short covering upside risk. You won't last playing this stock. You picked the bottom ever since you gave me a hard time at 70. Now you're looking downward. Hmmm.

The FED isn't in control of anything. They're trying to control, to fix, the price of money. Every economist in the world will tell you that authority can't fix price in a market because it introduces distortions that cause price to become chaotic. So I submit that FED is creating a circumstance where they have lost control and the ensuing chaos crushes the stock market. Won't happen though before the public is looking up again.

This glib reliance on the FED to bail the stock market is indicative of a drug addict waiting for a fix. Since we live in a "caring" society it will be given especially under dire need like Dr. Greenspam administered to the market last October. It sure made everyone feel good.
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