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S&P 500: 1,340.35 Change: -0.84%
JoeJustJoe
JoeJustJoe
P&P Score: 99.81 | Points: 429.59 | Accuracy: 63.02 | Average Pick Score: -0.13   Annual Return: N/A  
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Commentary
BUY: POWERSHARES DB US DOLLAR INDEX BULLI (UUP) Rating: 1
Start Price: $24.25
Points: -22.16
Created: 05/20/2009
Do they trade this heeeya? Soon to be America's ONLY safe haven. 3J

10 Comment(s):

Author JoeCole     Date 2009-10-23 16:34:15
looks like a buy
Author JoeJustJoe     Date 2009-10-24 12:57:03
Thaaaas right. The single ticker with the overwhelmingly most bearish sentiment by ex-spurts n morons alike. *-) 3J
Author JoeJustJoe     Date 2009-11-09 08:56:40
The VIX is already telegraphing wassa gona happen. ...and UUP left a mark at 23.15 on Th. The 23.00 calls are cheeeep! This is a very worthwhile gamble since UUP will follow the VIX and the VIX needs to trade thru 31.84. :o I'malready in the Nov $23 dollah UUP calls on this moanin's spalunkin. I'm wreckin they triple at least. 3J
Author Burtman     Date 2009-11-09 09:09:12
Careful, $dxy just set a new low and left a mark.
Author JoeJustJoe     Date 2009-11-09 09:37:54
UUP didn't tho...not even on the move to 22.49. You are witnessing a blowoff top in the markets today and the sad thang is that they ainna even gonna take the SPX to wherst it needs to go. The "hurry up n wait" syndrome once again. I'm wreckin the majer indicies close belowst Fri's lows...altho I am "hoping" they can hold things in thur as it twill give me a chance to add at least 20 new plays I'm wreckin. Ssssscheck out the UUP chart....how could you NOT wanna take advantage of that move thru 23.15....which doesn't even sho up on the chart yet of course? :-) 3J
Author Burtman     Date 2009-11-09 09:48:53
My eyes are a little blurry due to lack of sleep. Did the SPX leave a mark? I don't see so goog.
Author JoeJustJoe     Date 2009-11-09 10:13:10
Yep...EVERYTHING left a mark. LOL Here's what to look for now....watch as the ADX line leads the next rally whilst the +Di line falls. You can look at the chart on GLD which is a tad further ahead o'the game than soma the udder chit. GLD now at 108.55 and the ADX line is leading the rally as +Di falls. The final run to take out the high will be made by the +Di line...but it won't touch 40 as the top is put in. Watch this. :-) 3J
Author bulld     Date 2009-11-09 10:21:57
Hey burt, I have a full days work done already ;-)
Ya need to get the ole elbow workin, when the baby starts crying just poke the missus with the elbow until she wakes,, then pretend you are asleep... this works wonders ;-)
Author JoeJustJoe     Date 2009-11-09 10:29:17
The ole FAZoo just confirmed this moanin's 20.28 low so I am switchin strategery since the trading desk at GS fugged up...I just picked up a hunnert FAZoo at 20.20 cuz I like "the numba" :-) ....plus thurs not much more downside to the eventual bottom ifn they decide to keep the frenzy alive. I will sell this buy thru 24.17....jot that down, Bull...and pass it on to Burtski so he can nudge the missus whenst we need a reminder. *-) 3J
Author JoeJustJoe     Date 2009-11-09 10:51:51
Adding some Nov $22 dollah FAZoo calls as the 20.20 RSI low gits confirmt...cheep! :o 3J
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