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Technology Stocks : AUTOHOME, Inc
ATHM 23.48+1.2%Nov 21 9:30 AM EST
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To: Michael P. Michaud who wrote (14353)8/13/1999 10:39:00 AM
From: ahhaha  Read Replies (4) of 29970
 
What is the peanut going to do? He's short. ATHM gapped up. The big blocks are market order to buy, but the relentless selling is forcing a down side sensitivity. The state is net flow in, yet upside elastic. Do you cover or grit it out?

The gunslingers who came on have grown a little quiet. Half were short and half were long. You don't hear from the shorts. If you asked them, they would say they covered on Wednesday. The longs are crowing. If ATHM drops, then the same would say they held tough and the longs would say they sold. Half of each group are liars. If any of them took action, half went short and half long, from both groups. This is the white noise which generates the random walk. Emotion causes the return from these random decisions to be leptokurtotic, and so they realize a faster ruin rate than the market provides.

Peanut is under emotional pressure. He is now seeing the stock could go a lot higher and he can't see it going lower. All for a few hundy you lose a few thou. Consider the stress. It's still small money, but the stress is way up there. Few have the strength to last more than five years under this barrage. Baby doesn't get the shoes, loses the pants, and the hot shot loses his heart.
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