fattibutt's Blog : searching for an energy purchase

Try some XLE, always diversify, don't pick stocks.

These 2 Earl playz will duble in teh next 30 daze >>> ERY n DUG. Heeeya's one that "probly" woan git hit too herd during the coming market crash that takes all secters withit >>> FST. GSX jist needs to trade belowst .07. I'll come back wit anyy udders that "might" make LT bottoms whenst the mawket starts crashing n berinin heeeya as errrly as this coming week. Jist the initial move down in VLO will take it thru $31 dollahs...thaaas "plainly" visble on da 1 year daily chawt. Funny that ya didn like it at 31.00 in errrly Dec...but now that it is up 20%+ above that low it is now GOOG enuff fer ya. We'll revisit this spew as a GOOG lesson in "why the 'ave Joe' gits his azz kicked" in a scant few weeks. Twon't take long fer me to werk my majic on the mawkets I'm wreckin. I'd like ta be at 20 pages ov open picks foist tho. :-) 3J

Helmerich & Payne Inc. (HP) is currently #2 on my Piotroski screen

HP looks interesting

great earnings on VLO, a very nice move up today. Will take a little bit off right here

COP

VTG

HP just fell off my Piotroski screen (requires multiple parameters to qualify with about a 20% weekly turnover) so I sold it, but it may well still be a good energy co.

COP is how I ended up with PSX in the first place when it was spun off

How accurate has Piotroski screen been? I am not familiar with it

My FST play is "slightly" underperforming VLO as FST is only up just over 10% in the past week. The gazoleeny refiners are actually going to get hit the hardest in the energy seckter during the "fast approaching" market correction coming. It would only be a correction for VLO, WNR, TSO and other refiners if sellling that "will" take VLO to the low $30's begins now. WNR is actually one of the most grossly overvalued stocks out there neva mind energypigs. TSO is a close second but I bet even VLO is a memeber of the "10 timer" club...which means it will someday be trading for 1/10 it's current numba. :o CcrAAPL kin fall to $250 n STILL be a ten timer...ifn you's lookin fer sumphin for comparrison, WMR is only a futre $1 dollah dawg...so it's "cheep" by crAAPL standards. :-) Also, anudder way to look at it which nobudy eva does but it ALWAYS tells the tale of thangs that is soooo "obvious" we ignore it (like with the real estate bubble when homes tripled in 3 years n evryone thunk it was just "normal market forces") is the fackt that WNR has now tripled in abouts 13 mumphs. That's BETTER than R.E. Whachoo doin buyin overpiced homes in Lost Wages, Nev thur, Fattass? :-) Just pointing out the way thangs is...so that whenst (not if) ya git yerass kicked wit VLO ya woan be wonderin whut haappun? :o 3J

sold the last of my WNR a month ago,Still have VLO and decided to keep a little longer but will bail out if it turns. Im up over 45% so I dont see any pain in my near future. As for the houses in Vegas, Im on my second flip over there couldn't be happier. This last one is marked up 90k from where I bought it in October. No taker yet but I am confident it will sell soon enough. ..the next im keeping for a rental

I'll put me FST play up agin any refiner play ya wanna come up wit. Ann taday we will find out ifn I kin rexscue URRE....so keep an "I" on thatn ova the next week or 2. When the initial wave ov mawket selling begins it will send you n everyone else a signal that you will be a slumlord for the next 2 years at least. I'm wreckin you will see a pullback in sentiment simler to whut we saw afta 9/11. This is gonna be not only historical...but hysterical. The Mobros "might be" gone bafo the end ov March! :-) 3J

I would love to see a pullback in the market ... Any time now

SXLon a pullback?

You'll be too skeeerd to say "buy the pullback" in the mawket as well as SXL...jist like you wuz too skeeerd to say "buy the pullback" in lala looo looo LULU *-) 3J

You'll see a major move lower in LNG now. I stayed away from thatn as I concentrated on the sexy VIXens n SOXS instead and have already banked "decent" gains with even Mo possible betwixt today n Mon. I doan like me FST nearly as much as I did a scant 2 weeks ago either. It's on its way to MUCH lower prices. Still, it woan git crushed nearly as much as the ones you came up wit. FST "might" actually trade thru 7.40 but foist it "probly" trades belowst the 52 wee low. I cut it loose from me open list on todaze rally. Pay attention to the U.S. zombie banks BAC n C from this day forward as your fate in R.E. is in their hands. They are both on their way to BK now. The "egg" AIG gave NE1 who wants a great LT short opp that chance today. It will not trade to a new 52 week high...but be thur ifn whenst todaze high goes bye bye. Ya had butter hurry and get yer home sales doneski bafo you are competing with the inventory coming out of the banks.....and consoomer sentiment will turn waaay neggy befo then as you are laready seeing from Wally Werld. of course the po fokes doan even matter to Uncle Ben. But thye mattah to me *-) Doan fergit to tell us whenst it's time toooo "buy the pullback" in SXL but heeeya's my purrdixshun on it >>> SXL will be anudder LaLa loooo looo LULU fer ye. You will NEVER say >>> "buy the pullback" cuz as wit LULU you will be too skeeerd to :-) 3J

ok, ill let ya know if I do