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Technology Stocks : AUTOHOME, Inc

ATHM 24.34

-3.4%

Nov 7 9:30 AM EST

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To: ahhaha who wrote (22308)	5/17/2000 2:52:00 PM
From: ahhaha	Read Replies (4) of 29970

Well, if you can't buy because you can see the end of Western Civilization is near, keep your eye on INTC. It is likely to climb immediately up to 131 5/8 and then it should sell off. In that sell off it will set up its true up trend and that will be your key entry point for other tech stocks. The risk is 114 in early June, so the R/R at this point is neutral. It will take several weeks of reassuring price action during which the public dumps to get the big boys back in for the "summer rally". It is well known that the market only moves by programmed behavior. All a matter of X believes that Y will believe that Z will occur. Also, known as, "I won't take trading risk until price is proven to be safe". Once this is demonstrated the public will realize that, "oh my god, the bear market is over!", and they will come scrambling back in with a gambling fever unseen in history.

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