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Technology Stocks : AUTOHOME, Inc
ATHM 20.92+1.2%1:40 PM EST

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To: mst2000 who wrote (20212)3/22/2000 4:51:00 AM
From: E. Davies  Read Replies (2) of 29970
 
I say complete reversal, beginning almost immediately.

Sadly I see nothing in the chart or in the tape that says reversal. Without the spark from some impressive news it looks like another step or two down from here. I guess maybe for someone just entering that *is* soon- not for we who have been waiting for many months.

It ain't gonna be the release of the new Excite site either- they just don't know how to create the right "buzz". I've not heard *anything* about the new site outside of the message boards.

I'm offering the market a captitulation- maybe this will turn the stock around. I've moved 1/3 of my ATHM position to my trading account with plans to bail if it breaks through the support @ 27 1/2.

In the meantime buying the bounces off 27 1/2 has made for some nice trading...

Eric
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