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: ahhaha who wrote (19681)2/16/2000 12:32:00 PM
From: John Madarasz  Read Replies (1) | Respond to of 29970
 
Great insight...

Thanks for sharing it. Just printed this one and #19668. The sooner people begin to accept the inherent truths about the markets and how they operate, the better they will be.

I hope these two posts will take me one step closer...

Thanks again.



To: ahhaha who wrote (19681)2/16/2000 1:18:00 PM
From: Egret  Read Replies (3) | Respond to 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.