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Technology Stocks : AUTOHOME, Inc

ATHM 23.41

+1.5%

Dec 22 3:59 PM EST

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To: ahhaha who wrote (19681)	2/16/2000 1:18:00 PM
From: Egret	Read Replies (3) of 29970

That's funny. It follows then: that any stock that goes to zero, was caused by "huge" buying all the way down?(g) It also follows that stocks such as MSFT have grown in price and cap because of "huge" selling bias all the way up? There is no other conclusion possible, given your assumptions. The basic understanding of accumulation/distribution, the aggressiveness (size/price) of buyers/sellers is something you might want to study. The only way you can be half right, is if you are referring to the market being a "zero sum" game...but lets not go there. I don't "use" L2 any more than I "use" the 10/30 year...S&P futures etc. I agree, anyone that actually trades based on L2 will eventually be chopped up. I think this subject is now exhausted, and perhaps boring to ATHM owners.

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