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S&P 500: 1,091.38 Change: -0.32%
JoeJustJoe
P&P Score: 0.05 | Points: -3713.83 | Accuracy: 62.23 | Average Pick Score: -1.71   Annual Return: N/A  
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BUY: ULTRASHORT FTSE/XINHUA CHINA 25 PROS (FXP) Rating: 4
Start Price: $8.06
Points: -6.78
Created: 11/05/2009
FXP is actually a decent short and long term play since FXI only needs to trade thru $45. FXP needs to take out 7.87 still but that's not too fer away from this close. Methinks thisn will run thru 9.25 befo it sees 7.87 tho. 3J

23 Comment(s):

Author JoeJustJoe     Date 2009-11-09 07:55:48
The 7.87 nonconfirmed low is getting taken out today so it'll be up to whether or not the open leaves a mark. If it do then I would venture to say the chances are better than GOOG that FXP travels all the way down to my "zone of influence" which runs from 6.88 to 5.89 based on the lowest trendlow at 9.83. Personally, I doubt that happens. Mosta this moanin's premarket frenzy "appears to be" isolated on the inflayshunary aspects o'the govmint's plan to waste anudder $trillion dollahs or so. Pffft...trillions? That's peanuts! :-) "Hopefully" silber tops out today so we'll be done wit it. I will more than likely be adding back at least a tad o'ZSL *-) 3J
Author JoeJustJoe     Date 2009-11-19 09:27:16
I'll pick thisn back up after it fills the gapolas. Still one more rally left in the markets. 3J
Author Burtman     Date 2009-11-19 09:28:08
How high you think FAZ is goin this short run? Gap at 21.75?
Author bulld     Date 2009-11-19 09:33:34
The VIX kinda shot up this mornin ;-)
Author JoeJustJoe     Date 2009-11-19 09:39:44
Well, yuns kin base everythang on VXX..I only "expect" it to trade thru 43.50 or so...altho the report on mortgage delinquencies "might be" enuff to put a skeeer into even the biggest morons out thur. Isee Mighty Mouth panicd out of a few of his pix. I'm wreckin we can use him as "the standard" :-) I SIRIously doubt the ole FAZoo fills the gapola to 21.50 but it'd be nice cuz then UUP would more than likely run to 22.75. That'd be "nice" :-) But the top "clearly" isn't in for the majer indimacies....altho it's ALWAYS nice to see fokes who trade like idiots getting painfully eliminated *-) 3J
Author bulld     Date 2009-11-19 10:06:13
Hey joe why are you posting on mightymouths pix an saying nothing ... just Joe and a box .. no Dialogue... ?
Author JoeJustJoe     Date 2009-11-19 10:33:35
Mighty Mouth can't handle the trooth so he deletes my postes. LOL 3J
Author bulld     Date 2009-11-19 11:08:30
Oh is he pizzed at you ;-)
Author JoeJustJoe     Date 2009-11-19 11:28:31
He treis to be...but every time he says sumphin about anything I said he ends up getting his azz kicked. Basically he's pee-a-zissed at the fackt that he is too much of a moron to learn that he should just stop trying to argue with me. LOL I guess ya gotta admire the fackt that he stands thur with his face all in a bloody pulp yet he keeps coming back fo Mighty Mo. I admire that kind of attitude actually. Too bad he's so freakin clueless. I enjoy a GOOG tussle every now n then :-) I see that the HUI goldpig index has put in a confirmed low already and ZSL did not leave a new mark on this rally.... so I "suspect" we will see ZSL begin its jurney towards 3.97 soon. VXX already showing a confirmt top altho da VIX 'should" trade higher. My 'guess" is that the final rally towards new highs will begin during the 2PM "traditional" ramp hour. Makes sense. The bears are already "I toldja so"...ing :-) 3J
Author bulld     Date 2009-11-19 11:33:06
I was just kidding..... I was watchin the conversation..
DJI looks to be heading back up again...
Author Burtman     Date 2009-11-19 11:33:08
I don't know. I read somewhere that the max pain on OPEX tomorra is sumthin like SPX 1080. I stink this pain continues to there before it heads higher. You know those GS boys will make it so. Then it's probably time for Santa. Burt
Author Burtman     Date 2009-11-19 11:33:38
Oh, anyone know how to get babyshit out of your ear? Thanks, Burt
Author bulld     Date 2009-11-19 11:44:06
Yea Burt,
We go back to the elbow tactic... Dont go near shit it is unmanly ;-)
Author bulld     Date 2009-11-19 13:18:45
I was just looking at short squeeze . com and I was surprised DPTR was a very low short position only 8% MGM has 13%
Considering the pounding DPTR has gotten
Author JoeJustJoe     Date 2009-11-19 13:28:46
It makes sense actually. The stock fell from 4.50 to wherst it is now in less than 2 mumphs. It's tuf being a chort nowadaze :-) I was jist gettin ready to spekk about DPTR. I am pulling my buy limit becuz the -Di line is rising purty quickly. Ifn it goes from the current .917 to .85 in a hurry the -Di line will hit 40....that means that low gits taken out. Just trying to gitit as loooooow as possibull. Plus givin you the headsup on how to "guesstimate" how price moves "might" transfer over to the charts. "Perhaps" the low end o'me "zone of influence" will actually get hit. Let's see....shall wee? :-) 3J
Author bulld     Date 2009-11-19 13:45:29
Huh ...... -Di line hit 40..... whats that got to do with anything ?

I was lookin at PCBC not to buy.. Just looking at the next sell off
Have you been looking at thatn
Author JoeJustJoe     Date 2009-11-19 13:55:49
Thaaas my new indimacator...only about 90% accrut tho :-) I actually fergetted the trading symbol for that PCBC thingy....lemme ssscheck it out ....Kewel..."looks like" a confirmed bottom but a nonconfirmed top. I can't really say it beepd on Fri to generate this run but it doesn't look like it did. I would say the next pullback will hold the .75 area....unless the trendhigh goes bye bye foist. I'll hasta reember that symbol. Thur was anudder one you was looking at in the finanshills that was approaching $1 dollah at about the same time PCBC was. What wuz thatn? 3J
Author bulld     Date 2009-11-19 14:00:03
AHR ?
Author JoeJustJoe     Date 2009-11-19 14:11:32
No...twasn't AHR I doan sssthink...altho thatn's gettin ready to do the ole dumpola. It doan matter I'm wreckin cuz I wasn't intrusted init anyhoo. Ramp hour over so my "guess" is that the VIX rallies thru 24.20 now and we have the selloff to see what's a short term buy and what isn't. The "lines" on DPTR pulled back so let's see how it reacts ifn thurs a mad dash to the exits. 3J
Author JoeJustJoe     Date 2009-11-19 14:13:11
This move on PCBC to .98 "probly" means the .90 to .85 area will now act as support BTW. 3J
Author bulld     Date 2009-11-19 14:35:42
Bye Bye PCBC next ;-)
Author JoeJustJoe     Date 2009-11-19 15:38:23
That's the spirit! LOL Thurs aaaaalways sumphin. *-) 3J
Author bulld     Date 2009-11-19 15:49:27
on AHR the range was .31 - .22 ;-)
In case you was inturested
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