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| Was just talking with a buddy that works for a major tech company. Talking about stocks. He doesn’t follow the swaps and doesn’t believe in them which is like saying you don’t believe in the dictionary imo.
But let’s say you don’t have the swap data, most don’t, you’d have to look at moves like Oracle or Amd and say “hey something else is going on here, this doesn’t make any sense what so ever”
And when Oracle ripped up on 9/9 on the Gme earnings date I knew it was retarded. I was mad I missed out but I wasn’t under any delusion that Oracle was just going to keep going. By any metric it was insanely over valued. And Amd is sitting in that same spot now. It’s so retarded but markets aren’t retarded so what’s really going on?
I think they are calling a continuous net settlement cycle
But it’s just swaps | |
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Amazon
