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S&P 500: 1,157.81 Change: -0.69%
JoeJustJoe
P&P Score: 0.04 | Points: -2828.51 | Accuracy: 61.89 | Average Pick Score: -1.45   Annual Return: N/A  
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Commentary
SELL: JEFFERIES GROUP INC (JEF) Rating: 1
Start Price: $27.20
Points: +17.52
Created: 10/02/2009
Less than 2% away from confirming all tops. 3J

10 Comment(s):

Author JoeJustJoe     Date 2009-10-16 18:18:18
Confirmed at 30.64. 3J
Author JoeJustJoe     Date 2009-11-24 12:09:00
I don't see nuphin on the chart that says highs need to go bye bye but with the ole FAZoo about to take a tumble here soon ya gotsta figger this POS trades back up to "perhaps" $28 dollahs so I'll bank the big'n. 3J
Author Burtman     Date 2009-11-24 12:19:18
How far a tumble you stinkin? Not a lower low I hopes. I need 20.50 to get out now. Looks like I'm havin some holiday fun with thisn.
Author JoeJustJoe     Date 2009-11-24 12:34:56
FAZoo will trade thru 19.90...and I can't even gar-own-tee ya that thur since thur are still nonconfirmed tops all the way up to 27.64 that I know of. Altho FAZoo showed a confirmed bottom whenst the low was put in thur was the "questionable" high on FAS at 94.54. It "looked like" a nonconfirmed RSI high. But you know how tuff it is to verimify these RSI n price highs unless you break it down to a 1 or 2 day chart whenst it is happenin. I didn't do that cuz I was too buzy building a long position in the ole FAZoo at the time. I do know for a fackt that 18.23 goes bye bye on the ole FAZoo. That's still visible on the 10 day chart but will be gonzo after today. Actually, it shows up as a trendlow...but like me sed ba ba bafo...totally ignore the last 2 daze of reading on the BigFooKingCharts. *-) Ifn ya didn trade around the position like I did I wouldn werry bout it too much. The VIX is gonna be ALOT trickier than the ole FAZoo. But ifn ya look at the 2 year daily chart on da VIX it "clearly" shows that VIX 90 goes bye bye. Sooooo, ifn ya just did nuphin...you'd be just fine...outside of 2009 :-) 3J
Author Burtman     Date 2009-11-24 12:48:38
Thanks
Author JoeJustJoe     Date 2009-11-24 13:10:01
I wuz wonderin whether they wuz gonna rally the SPX after da beep...or go down n confirm this moanin's nonconfirmed low foist. I'm wreckin that since we made it to 2PM ramp hour that question 'shouldn't be" to herd to anser LOL 3J
Author TickerBandit     Date 2009-11-24 14:06:06
3J,

Is the TOO-A-CLOCK ramp over?
Author JoeJustJoe     Date 2009-11-24 14:11:51
An even more intrusting question >>> Is this a raging bull market? :o 3J
Author TickerBandit     Date 2009-11-24 14:38:24
If you had asked if this was a bull market in need of correction, my answer would have been ... probably. But since you asked if this is a "raging" bull market, I'm going to say no. Though obviously it's been "raging" ... it just doesn't seem likely to "rage" further.
Author JoeJustJoe     Date 2009-11-24 15:35:04
Yes, I noticed "the battle" betwixt Mighty Mouth n Mack. Botha dum missed the raging bull (as you did) and are now competing to see which one can maximize losses the quickest. You ainna too fer off from them fellahs....will you also be joining "the battle" ??? :o 3J
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