AUTOHOME, Inc Message Board

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Technology Stocks : AUTOHOME, Inc

ATHM 20.67

-0.3%

Feb 5 3:59 PM EST

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To: Solid who wrote (14668)	8/17/1999 10:50:00 PM
From: MIKE REDDERT	Read Replies (3) of 29970

Solid, The fractional put/call ratio (approaching zero) will only put pressure on ATHM to stay under 40 through the end of the week, but this is by no means "carved in stone". It's all about probability... while the high open interest creates resistence at 40 thru the end of the week, Dell's earnings, for example, will put pressure on the entire tech sector to move up. If you watch it thru the day, you'll be able to see who is winning the battle (bulls or bears). Positive news on ATHM would blow it thru 40 in a nanosecond. That's why I posted a while back, questioning the wisdom of shorting this stock at these levels. Mike

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