SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Technology Stocks : AUTOHOME, Inc
ATHM 23.76+1.2%Nov 28 9:30 AM EST

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: E. Davies who wrote (10071)6/2/1999 6:43:00 PM
From: HECTOR RUBERT  Read Replies (1) of 29970
 
To All Longs:

Today's activity was very reasurring.....the rally we saw was nothing but SHORT covering due to no interest rate hike comments from Greenspan.

What I found reasurring was that the SHORT's set the support at 107 today. Meaning, the bleeding was held to 107. That said, we stand at 114 only few points from support.

With earnings a few weeks ahead...does anybody really believe we go lower? Come on.

Perspective: At 114 we are roughly 7 pts ABOVE set support of 107.

Perspective: At 114 we are roughly 78pts BELOW set high of 192.

Question is: 7pts risk........for the potential gain of 78pts?

Question is: Downside risk of 6% VS Upside Potential of 68%?


You all know were I stand.

Best Regards,

Hector
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext