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Technology Stocks : AUTOHOME, Inc
ATHM 22.15-2.0%Jan 9 3:59 PM EST

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To: David Harker who wrote (4061)1/10/1999 5:08:00 PM
From: Dr. D  Read Replies (1) of 29970
 
iThoughts/opinions on price action and what to do about it?
I know, I should have just held...

I think you should have held also.

However, only YOU know what your risk tolerance is.

Athm gapped up big Friday on economic news. Athm has already seen a intraday high of 126, 40% higher than you exit point and settled back down to 108.
Then the market realized it could be bad, in terms of future FOMC bias toward tightening and Clinton Impeachment hearings.

The market sold off a lot midday. Them the economists started reassuring investors about the future of interest rates. Then it rallied at the close. I think the rally will continue very strong Next week absent anything negative.

Some think the internets are a bubble, But, more think it's the only game in town. They will lead the Dow to 10000 in January.

Everyone including me thought Amzn was going to crack after earning
and reaching 300.00. It now 480.00 pre split adjusted.
Timing an internet stock is folly.

These are only my opinions

Good luck to you and all

3d
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