AUTOHOME, Inc Message Board

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Technology Stocks : AUTOHOME, Inc

ATHM 23.56

+0.3%

3:13 PM EST

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To: ayahuasca who wrote (20573)	4/4/2000 12:47:00 PM
From: ahhaha	Read Replies (1) of 29970

There hasn't been any significant deterioration in the money flow state while price has dropped. The state is one of few bids underneath and fewer market orders to buy. The MMs are being forced to buy against their best judgement the dumpings of the public. When an illiquid state like this occurs, without exception there has been a reversal rally of significant magnitude. Thus, the NAZ has disengaged from money flows and is in a chaotic state. No judgement has any value here. All judgements are equally good or bad and their correctness is random. Every trade data only tells you what people are doing, not what they will do. Nothing will ever tell you that. Every trade data analysis tells you better than anything else what is happening because it is what is happening. If I say the market will rise, it is only my projection based on decades of experience and the output of the data. Whatever it may lose me today it will gain me ten times in the future if the projection ends up wrong this time.

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