JoeJustJoe's Blog : UNG, GAZ, USO, UGA

To updatethese playz....XTEX has already topped out but XTXI will trade thru 7.77 first...and that's "sposed ta be" a lucky numba. :o Also, yuns are about to see a flight to safety soon. I would "suggest" you consider some UUP calls...and sell your gold n silver holdings for now. I did...sold me UXG hedge on the open. ZSL will be running whenst it takes out 3.95 I'm wreckin. Thur are 3 main volimatility indicies >>>VXX, VXN, VIX. VXX quants the short term volimatility in the VIX and needs to take out this numba right cheeya >>> 19.61. VXN tracks volimatility in the Naz...it needs to take out 19.11. The VIX will either turn with the udder 2 or trade down to the "telegraphed" low of 16.26...which doesn't show up on the chart intrustingly enuff. FooKing Manny...he's such a kidder. I'll be playing da VIX with Feb calls..."probly" at the 22.00 strike. Once again...pennies from heaven, sheeple. Enjoy the festivities. I sho will. *-) 3J

As I mentioned in me last post....watch out ifn you are long the natgas plays. Lemme tell ya sheeple, it certainly doesn't make sense for natgas stocks to come a tumblin down with the cold weather across the nation. The problem is that mr market is waaaaaay smarter then the fokes who recently blogged at this fine establishment about how great the natgas plays are. Watch my 2 pix...the gruesome twosome of XTXI n XTEX get absotootimussly deeeeeestroyed now that both have "finally" traded to confirmed tops. Go ahead and 'buy the pullback"...I dare ya! :-) Also...and for the wreckerd...I am covering chort positions into the selloff. But not fer long, sheeple. *-) 3J

Back again with even Mighty Mo insight on Earl, natgas, and some "obvious" seckters that trade in direct proportion. I promised yuns sheeple fer mumphs now that I wuz gonna git USO thru 41.92. Well, this is the closest I have come yet... so trust me....I woan give up on ya's. Whenst I make a promise you kin consider it dunn! *-) Also intrusting to note is how fer the natgas plays UNG n GAZ have fallen....just like I "promised" *-) Butt that ainna even the kewelst thang. The kewelst thang is how Mr Market has continued to verimify what I wuz mentioning many times in the past...and what I wuz actually 'kinda" hoping Mack would do one of his "neato" dissertations on cuz it'd be the foist one he ever did that actually had any bearing on what Mr Market actually is saying. Ifn you look at the ariline stocks this week (CAL, AMR, UAUA, ALK, etc etc) you will see that they are purty much rising to new 52 week highs in the face of rising fuel costs....again! "Hopefully" this will be the "final" confirmation yuns sheeple will need to agree wit what I sed aaaaall along. The airlines CANNOT make headway unless their fuel costs are rising. Pleeez...do NOT argue this fackt. Look at the charts...compare....and then SHUT THE F... UP! ...and doan argue with me...OK? Thanks! Remember, I AM the markets and until I decide the markets have it wrong it will remain an undisputable fackt that the airlines cannot rally unless thur fuel costs are rising. Thank....you! *-) Noooow...let it also be known that Fode Mo Co (F) and Toy Mota Yoders (TM) cannot be profitable unless the cost of gasoline continues to rise. That's "obviously" cuz the buying public will not go out and buy a $40000+ dollah vehicle unless they know the price o'gas at the pump will be over $4 dollahs per gallon soon. Thaaas what the rally in F...and lately TM is telling us. Again...looka the chart of F ....looka the chart of UGA (gas at da pump). ...and pleez! ...don't argue with me! I AM the markets. Whenst (not if) I decide Mr Market has got it wrong I will let him know. OK? Noooow, back to yer regularly scheduled programiing. For "inquiring minds" who may want to find out whenst (not if) I will make Mr Market change the relationships betwixt energy costs and stocks that benefit from rising energy costs like airlines and auto manufacturers...pleez read every single one o'my posts...thank you :o 3J

As a sidenote: Pay attention from heeeya on how the twin fuglies XTXI/XTEX will seperate from each udder. XTEX actually has a 'slight" amount of upside....XTXI on the nudder hand is on its way to COMPLETE ghanilation *-)