Calling All Wall Street Bastards, Check Out This Pattern

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(Nasdaq: AKNS) is the reason why I can say screw you to all of Wall Street, the publishing industry and all the narrow minded soft-spoken boring superficial and unimaginative types that rot these industries. I can use bad grammar, I can have tpyoso, I can swear, I can blog and trade drunk, I can do everything Wall Street professionals only wish they could do because of this chart pattern.

The pattern AKNS is exemplifying right now is the reason I’ve become independently wealthy, I can say whatever I want, not care about industry credibility and be confident that my blog, book, DVD (which details this pattern extensively), basically whatever stock market product I come up with will be successful, in time, as long as I tell it like it is because this pattern will keep occurring. BECAUSE THIS PATTERN IS PREDICTABLE. And that makes it—and consequently me, the only market commentator to go on record talking about it—better than 99.9% of the rest of the BullShip finance industry.

Mind you, this isn’t ego talking, this is the result of somebody who’s business model is just calling it like it is and knowing that he will takeover an industry built on BullShip. This is somebody who knows that while a 20% annual return is great for a $500 million+ fund, it’s crap for individual investors. Investors can make more and they should expect to, if they put in the time to learn.

Right now you have nearly the entire investment community of individual investors focused on stocks other than Penny Stocks , microcaps and momentum smallcaps – they are wrong. They should use their small size to their advantage, Rev. Sharkstyle. What other investment opportunity can offer a 10% return in one day? No leverage involved, and once you get used to playing these patterns, little risk involved too. Big-time Wall street doesn’t care, they have billions to manage, let them do what they do. Let them have their mistresses, coke habits and overpriced apartments overlooking Central Park. They’re too snooty to ever play these kinds of stocks. That’s fine by me, even with all their life issues, they’re damn smart, I don’t want to compete with them!

Go ahead, bloggers (Dealbreaker.com, WallStreetFighter.com), haters (Elitetrader.com), random emailers; call me an idiot, call me a moron, call me a loud mouth, call me a bad trader, say I promote my products too much, say I got lucky and I’ll never get to a million again. You might be right, but it doesn’t matter because I’ve got this pattern and I’m gonna make sure everybody and their mothers know about it. I’m gonna make sure my readers understand it as well as I do, if not better than I do. I’m gonna make sure my readers get richer than me because they’re smarter, more disciplined, less crazy and will have the benefit of my experience on their side. I’m gonna make sure people understand everyone else in the world of stock picking is just a guessing game and that makes them lower than me and my pattern. Guessing how a company’s business will perform, how a stock will react to news, how consumers like their burgers cooked, how the economy will do, all guessing games.

This pattern is not a guessing game – it’s simple economics on smallcap steroids and it’s glorious!

I’ve spent the past decade playing this pattern and NONE of you have that kind of experience (at least to my knowledge). And you know what, I didn’t even profit off this AKNS drop. That’s right, I’m throwing this hissy fit and I didn’t make a dime. I put it my short sell order and it got rejected. Thanks to my many stupid day trades over the past week, my day trading buying power is all screwed up. Welcome to life in the under $25k prison. Big deal! I gave this to my readers instead. Look at this slightly incoherent post entitled “I’m Screwed, But You Should All Be Shorting AKNS Into The Close ” (I was excited/pissed) I wrote at 3:40pm yesterday when AKNS was at $13.87:

AKNS is such a perfect short the moment it crack $14. I’ve used up all my day trading buying power, so I got a big fat REJECTED message when I put in my trade. Don’t let that happen to short,, short AKNS, $13 is practially a given a probably lower tomorrow…currently $13.87, this is a gift!

Right now I’m looking at a current quote of $12.05, a 13% gain in less than 3 hours of market action.

I can already anticipate the hater emails: “everyone saw that, congrats on making an obvious call”, “you’re lucky the solars are down today”, “you didn’t even profit”, “you egomaniac”.

Don’t even bother sending them. I called it, as I will again and again and my readers will profit, again and again. I see some of my blog’s followers already profited this time around, so I’m content. With TIM only around $14.5k what was I gonna make anyway, $500, oh no, it would’ve been nice, but this is more about learning the pattern of success.

This isn’t about me always having the best picks—I don’t, these only come around every few weeks and in between I’ll have tons of lesser calls—or me being able to make you the most money – I can’t, this strategy isn’t very scalable, sorry, you’re gonna have to be content with six digit incomes instead of seven—but I will get riled up each and every time this happens because it pokes a big fat hole in the theories that the market is random, smallcaps are akin to gambling and I got lucky.

God bless AKNS and all the other stocks with patterns just like it. I’ll have a detailed post later today with EXACTLY what I look for and why even after I taught you it, you’re gonna need me. But I just had to get this out now cuz it’s goddamn beautiful! I wish TIMtv was ready right now, this would make one crazy video!

Now you can Twitter any questions/comments to TIMhelp and obviously you can follow TIM on twitter too!

7 Responses

1. 

   1

   Don Bartell - February 4th, 2008 at 4:19 pm

   Thanks, Tim, I’m actually opening a separate small account (my current one is an IRA) so that I can sell short as well. I really appreciate all of your comments. Don

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   2

   Thad Cochran - February 4th, 2008 at 8:52 pm

   So the pattern is a POS small-cap make a parabolic move. trades sideways. then breaks its short-term support. And you want to patent this?

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   3

   WallST_Wizard - February 6th, 2008 at 12:59 am

   Hey tim, this looks like a difficult pattern to play.. are you saying that shorting this stock after the gap up is a nice play? More than likely the stock will fall a little after the gap up, but that is usually only a minor retracement, how can you be sure bulls won’t drive the price higher, and furthermore how can you know by how much the stock price will fall? I’m not hating or trying to attack the credibility of this chart pattern, I’m just trying to better understand how to profit from it, because no chart patter is 100%. Anyway, you’re the millionaire, not me peace :)

4. 

   4

   Dave the Rave - February 6th, 2008 at 3:14 pm

   With stocks, some fill their gaps some don’t. I would imagine that this stock does as Tim has gone public.

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   5

   Dave the Rave - February 6th, 2008 at 3:16 pm

   Forgot to mention, it’s five waves up so the trend was over anyway. Expect a deep retracement.

Other Websites Referencing This Post

1. Is This The Magic Stock Market Formula Or Am I Fooled By Randomness? | Timothy Sykes - Stock Trader, Author, Entrepreneur
2. Magic Formula? « Phil’s Back-Up Website

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