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


To: Susan Saline who wrote (14607)8/17/1999 9:02:00 PM
From: MIKE REDDERT  Read Replies (1) | Respond to of 29970
 
Sue... the thanks goes to you for pointing out that shorter term trend... I missed that.

It would be nice if ATHM would break the 13 EDMA, but there is some heavy open interest on the Aug 40's and 45's (relative to the puts). I would bet on 40 being the very short term top for the remainder of the week, in the abscence of *very* good news. OTOH, if it does break 40, I would consider that very positive indeed. As always, I'll let the market tell me what to do.... might sell some covered calls, if it fails 40, and buy them back on the retest.

Oh, and by the way... thank you for not being rude to me :-)
(facetious remark)

Mike