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Technology Stocks : AUTOHOME, Inc
ATHM 20.67-0.3%Feb 5 3:59 PM EST
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To: GraceZ who wrote (20916)4/15/2000 11:24:00 AM
From: ahhaha  Read Replies (1) of 29970
 
Your comments subtly indicate the way people are now thinking and thus, what they will be doing. It's "if I can only get out a little higher, I would. So I'll enter an order above in the book". This mass of supply has a center point which rises as price rises. People progressively see that as price rises they have the chance to get out since they believe price will be soon headed down. It is this psychology which induces the action of making supply available at higher prices that enable price to rise.
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