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


To: Richard who wrote (20775)4/12/2000 2:50:00 PM
From: ahhaha  Read Replies (3) | Respond to of 29970
 
They're both in the same boat. I suggest you examine the coming action in ATHM. The reason is that you will see what constitutes a bull move. On the way up people can only see it failing and so they sell. They just did that. Any time the stock advances the market orders to sell come in and knock it down. Then the price struggles to recover and advances a little just to be hit yet again with a lot of people who see the end is near. This is the insidious nature of the upside and the effect will be that you doubt the advance. What you have to do is to ignore your guts, because they'll make you think that it is about to break down all the way up.