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Technology Stocks : AUTOHOME, Inc -- Ignore unavailable to you. Want to Upgrade?

To: CGarcia who wrote (13971)	8/10/1999 9:51:00 PM
From: E. Davies	Read Replies (1) \| Respond to of 29970

as opposed to someone who bought at $40 a couple days ago and sold at a loss in the low $30s today That is not day trading, it is position trading. A good daytrader with a little discipline would have bought ATHM at its resistance of $38 3/4 and then sold it at $38 1/2 when the resistance failed to hold. He would have then gone short at 38-38 1/4 and ridden it down to around 34 or 35 when the momentum slowed. etc. I'm definitely coming to the conclusion that you either watch the stock each and every instant the market is open or you just close your eyes and wait for 2002. This is most true for a stock like ATHM that moves on rumor and emotional turbulence. Eric

To: CGarcia who wrote (13971)	8/10/1999 10:35:00 PM
From: High Plains Drifter	Respond to of 29970

"And they say day trading is dangerous and risky" Well I wasn't completely serious but it is very disappointing to see ATHM fall.I've made a few bucks lately daytrading Cisco but that doesn't offset the ATHM slide. Still long ATHM. HP

To: CGarcia who wrote (13971)	8/11/1999 12:05:00 AM
From: Jing Qian	Read Replies (3) \| Respond to of 29970

According to Ahhaha's theory, if there is still someone expressing optimistic views on this stock, it has further downside. So you guys are so optimistic, including me, this stock will see 20 soon.