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Strategies & Market Trends : ajtj's Post-Lobotomy Market Charts and Thoughts

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To: ajtj99 who wrote (31681)7/29/2021 5:17:09 PM
From: LoveAG  Read Replies (1) of 97457
 
ajtj:
One more time I have to say your charting skills blow me away
there is no way to hedge before earnings cuz they juice the premiums before events and then let the air out afterward and manipulate underlying price
learned this the hard way ONCE, this time I shorted qqq
AMZN hasn't traded right since early July when ORCL tried to take them to court for how they handled trying to get the now defunct JEDI contract
ORCL lost the hearing to challenge BUT this came after the AMZN breakout which was ALL about the gov giving them another chance to win the contract with MSFT, once ORCL challenged that ppl became aware that AMZN aws contract is not a sure thing and it sold off the 100 pts plus it gained when gov announced jedi demise and said new chance for amzn and others to try for contract share. It likely will get a piece but the breakout was about that and the weird price action since told the story
AMZN also has a lot of control over how they report so this may have been a sacrificial quarter and stay tuned
Thanks, genuinely, for your insights I've def benefitted materially and learned a lot
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