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


To: UFGator93 who wrote (2893)10/8/1998 2:01:00 PM
From: E. Graphs  Read Replies (2) | Respond to of 29970
 
Damon,

IMHO, ATHM should hold support at ~30. This company has a bright future and plenty of room for growth right here inside the USA .......the global economy which has been bringing down our markets will not have a direct effect on ATHM. Even if we go into a recession, one might consider cable as a basic necessity (television/communication) similar to electricity .........not readily shut off.

So, unless things get a lot worse, I expect the chart to develop a symmetrical triangle similar to '97/98 while the markets continue to fluctuate and correct. Of course if it does get crazy I will take full advantage of such a buying opportunity as 15....sheesh!

207.95.154.130

BTW, I always like to know what the short side is thinking.

Regards,

E