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Technology Stocks : AUTOHOME, Inc
ATHM 23.72+1.1%Nov 28 12:59 PM EST
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To: E. Davies who wrote (14205)8/12/1999 1:44:00 PM
From: ahhaha  Read Replies (1) of 29970
 
You were the booked supply above and now you know the public psychology near a short term bottom which works like a match in a dry forest of shorts. The public orders provide supply above so that short covering can advance price. Without that supply the market maker would have to do it at a premium and the upside would be over in one day.

The public psychology is "just get me out". The second class sucker settles for less because they don't know how to take risk. The gunslingers don't know how to take risk either. They shoot you in the back and they shoot themselves in the foot. Taking risk means holding with the possibility of losing. Gunslingers aren't around long enough to do that. They get hell shot out of them because they have to keep moving from town to town.
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