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


To: Jeff Jordan who wrote (14734)8/19/1999 5:30:00 PM
From: MIKE REDDERT  Read Replies (1) | Respond to of 29970
 
I'm in almost on the bottom of the last leg down ~ 33 7/8. I'll add to that position tomorrow if we have further weakness.

I think the market is bottoming... we are just not seeing any volume on the pull-backs. I would venture a guess that there are a lot of buyers on the sidelines, waiting to put money to work. There seems to be a distinct fear ... that's the "wall of worry" this market will climb... the inflation worries are over-blown.

Mike