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Technology Stocks : AUTOHOME, Inc
ATHM 25.05+0.5%10:32 AM EST

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To: Neal davidson who wrote (8306)4/20/1999 11:17:00 PM
From: Bud Fox  Read Replies (1) of 29970
 
David, your right, I meant "support" not "resistance.

You've seen the ATHM chart and you understand technical analysis. What makes you think there is not strong support in the $118-125 range. It took a 138 point drop to break through this support.

I'm not saying ATHM will hold at these levels and I agree with you if the internet stocks continue down ATHM will move with them.

Glad to hear that @Home is expanding in Atlanta. If you don't already have the service, I highly recommend it.

I sold at $189 and am looking for a re-entry point. I think we'll have a re-test of those lows sometime soon(this week or next).

Good Luck
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