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Strategies & Market Trends : ajtj's Post-Lobotomy Market Charts and Thoughts -- Ignore unavailable to you. Want to Upgrade?


To: Jacob Snyder who wrote (51843)3/3/2022 12:28:52 PM
From: Jacob Snyder2 Recommendations

Recommended By
ajtj99
Lee Lichterman III

  Read Replies (2) | Respond to of 97526
 
Sold the rest of my XOM. $110 oil is not sustainable. It is in the interests of the EU, USA, and China, to lower oil prices. XOM’s cost of production is $35-40/b. We are seeing demand destruction in Europe, with factories in energy-intensive industries shutting down.

Also shorted QQQ at the open.