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

To: KailuaBoy who wrote (24202)	7/28/2000 2:07:42 PM
From: Bexar	Read Replies (1) \| Respond to of 29970

I thought talking to the stock would be better than talking to myself :) I don't dare ask how low we can go. I just give up! One day I'll make bank on ATHM. I wouldn't even get excited about a 200% jump.

To: KailuaBoy who wrote (24202)	7/28/2000 2:13:35 PM
From: ahhaha	Read Replies (3) \| Respond to of 29970

The stock is internally bottoming, but one doesn't buy yet. Short term money flow is diverging from price. The interesting thing is that until the Excide - Cheato deal money flow was significantly positively diverging from price. After that deal the institutions came and dumped very heavily. Nonetheless, the market absorbed much of the selling without proportionate price concession. This is how accumulation occurs even during a down side translation. Also interestingly, it has been the intermediate players who have been buying all the way down. Certainly this has been short covering but something like 70% of it hasn't. This kind of action is almost unique. When the down side is justified on any fundamental basis, one does not see this configuration. I can't explain it. Best guess is that several large entities are aggressively buying stock and using the weakness to build gigantic positions. Sometimes I refer to this as "buying makes price decline".