SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Technology Stocks : AUTOHOME, Inc -- Ignore unavailable to you. Want to Upgrade?


To: MIKE REDDERT who wrote (20915)4/15/2000 11:04:00 AM
From: GraceZ  Read Replies (2) | Respond to of 29970
 
where would expect sufficient supply to exist on ATHM at this point

I don't know about you Mike, but my supply is above right now. In other words, I ain't letting go unless I get substantially more from this price point.

I have an idea, everybody raise their hands if they have supply that they will let go below this point.



To: MIKE REDDERT who wrote (20915)4/15/2000 11:19:00 AM
From: ahhaha  Read Replies (1) | Respond to of 29970
 
That has nothing to do with what I've said about how selling supply is necessary to enable stocks to rise. Further, in all those words the guy didn't say anything. Lastly, we aren't in a bear market in the NAZ, so there haven't been any bear market rallies.

The market in most NAZ stocks has retraced all the move since last October. The speculative frenzy has come full circle. Now we can get back to a normal market environment. The probability is 99% that the market decline will be over on Monday morning, but don't expect another round of go-go. Expect a boring slow grind upward. These great companies will have to earn their keep.

Ask Grace if she knows anyone who said everything that guy did before it happened. He was equally guilty of playing the game. It is critical to realize that none of the round trip has any significance. You have to disengage from the crowd whose thinking is totally controlled by yesterday's price. The price slaves influence people to do the wrong thing. The proof of that was the go-go of January and February.

In four weeks the stock market perception went from irrational euphoria to doom and gloom, from giant bull market to nasty bear market. This is fad thinking. If the world can change that quickly on nothing, then it can just as quickly change back to the up side or randomly change in whatever direction, so you can't trade. You have to ignore the noise and hold. This is the way it has always been.