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Technology Stocks : AUTOHOME, Inc

ATHM 23.48

+1.2%

Nov 21 9:30 AM EST

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To: E. Davies who wrote (10184)	6/4/1999 1:50:00 AM
From: ahhaha	Read Replies (2) of 29970

Stocks aren't worth what they trade at. That price is future expectation. So you had better believe that fear is effective. That's the whole point of the bear. There never seems to be anything wrong while all the lovelies are chorus lining down the drain. When the public realizes "oh my god", they sell creating the bottom after they had boldly held out through months of brutal loss. Then the market pops right back up, they can't reboard because they are psychologically whipped, but they do go pass laws to smash the greedy capitalist pigs. That's what happened during the '30s. Now all those great truths have been found hollow. You don't know whether they were right then or now. You only know that the game is completely evanescent and so you have to protect your own psychology in order to survive. Don't tell me what the market doesn't do to your psychology. I've got a bevy of traders whose psychology is in shreds because the market has whipped them though they are thoroughly skilled and have been on the right side of the market. There isn't anyone on SI that can hold a candle to my traders, so if they are having a hard time, imagine what all these patzers are doing.

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