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Technology Stocks : AUTOHOME, Inc
ATHM 20.93+1.3%12:01 PM EST
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To: MIKE REDDERT who wrote (20835)4/13/2000 10:30:00 PM
From: ahhaha  Read Replies (1) of 29970
 
Every trade data shows that price has disengaged with fundamentals or even flows. Net flow bottomed yesterday. The public is in such a panic that they continue to dump relentlessly. The market makers are taking a lot of stock and then letting it down 1/8 th. The selling is almost exclusively below 2000 lots, most of it below 500 shares, and the price will remain fixed for hundreds of trades before the next step down. This is the mass of public home traders seeing the dies irae and without much eclat are getting out.
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