09/15/2014 – Amazon
- September 15, 2014
- Amazon
Amazon AMZN:
1. During the week of Sept. 2 Amazon was forecast to fail at/near $347 (weekly close below $347) and then decline to $324 (or lower) into the week of Sept. 22 (+/-1 week).
2. Today, Mon., Sept. 15 Amazon completed the decline from $347 to $324 (and lower), completing the forecast.
3. Traders who took advantage of the above should have already exited the majority of their position upon completion at/near $324. Any remaining position should be held for the possibility of lower prices. Will message any further entry or indication in Amazon.
David Williams
CFTC RULE 4.41 – HYPOTHETICAL OR SIMULATED PERFORMANCE RESULTS HAVE CERTAIN LIMITATIONS. UNLIKE AN ACTUAL PERFORMANCE RECORD, SIMULATED RESULTS DO NOT REPRESENT ACTUAL TRADING. ALSO, SINCE THE TRADES HAVE NOT BEEN EXECUTED, THE RESULTS MAY HAVE UNDER-OR-OVER COMPENSATED FOR THE IMPACT, IF ANY, OF CERTAIN MARKET FACTORS, SUCH AS LACK OF LIQUIDITY. SIMULATED TRADING PROGRAMS IN GENERAL ARE ALSO SUBJECT TO THE FACT THAT THEY ARE DESIGNED WITH THE BENEFIT OF HINDSIGHT. NO REPRESENTATION IS BEING MADE THAT ANY ACCOUNT WILL OR IS LIKELY TO ACHIEVE PROFIT OR LOSSES SIMILAR TO THOSE SHOWN.