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Technology Stocks : AUTOHOME, Inc
ATHM 23.59+0.1%3:59 PM EST
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To: Educator who wrote (16079)10/9/1999 2:17:00 AM
From: Steven Ivanyi  Read Replies (1) of 29970
 
I actually went short at the end of the day at 49 7/8. 50 is major resistance. Going into a weekend I felt that traders would break it out hoping for a gap open on Monday, but it didn't even trade at 50. I think that unless some major news comes out Monday and Tuesday we'll retrace to about 45 or so. Another thing, after hours trading was weak 49 13/16, so no one is really rushing into buying.

Just some thoughts

Steven
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