ajtj's Post-Lobotomy Market Charts and Thoughts Message Board

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

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ajtj99

towerdog

To: Lee Lichterman III who wrote (73116)	10/28/2022 6:58:46 AM
From: Lee Lichterman III	2 Recommendations Read Replies (1) of 97970

Well it looks like today is going to be frustrating. I just checked max pain and the SPX is about there right around 3790 ish. AAPL is right there at 145 and AMZN needs to get back over 100. Bottom line is despite horrible news and grim outlook, they won't want to dump it today unless they have no choice due to a hot PCE or employment report. I woke up early and checked and futures were down almost 40 in the 3760s SPX/3770s ES. I went back to sleep and woke up to see the usual 2 AM ramp job and they recovered. I hate this BS!! XOM & CHV both hit it out of the park with record earnings double last year. Guess I'll take up drinking to deal with this silliness. I remember when a miss from MSFT, INTC, AMZN was good for a 600 point DOW down day and that's when it was a lot lower so a bigger percentage drop. Dip buyers are back in charge at least temporarily.

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