The Supernova Chart Pattern Strikes Again

Posted by Timothy Sykes on Thu 17th of Jan, 2008 05:43:26 PM

TIM $14,616, Up $212 on the Day, Short 1000 COINZ @ $3.43

Good thing my trading addiction made me make a trade during my layover as COIN tanked perfectly along with the rest of the market. COIN probably would’ve taked anyway due to the perfection of its chart pattern. COIN is now at the exact same price it was trading at before their CNBC mention, while other agri plays like SEED, MON, MOS, NOEC are all 20-30% lower (bodes well for me).

COIN really is a perfect supernova so I look forward to covering my COINZ short either tomorrow or Tuesday (market’s closed Monday, right?) for a solid profit ideally under $3.

As you can see, it’s a lot easier for me to load up on shares on lower priced stocks and take 50 cents/share, just as I did with COINW. Shake and bake!

I have no time to research, you guys tell me if any charts look interesting for tomorrow!

Check out my brand new DVD, ShortStocking - the only guide you'll ever need to profit from short selling!

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TIM Trades

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Date Stock Buy Sell Net
Sept 25 SIL $2.65 $2.98 $640
Sept 25 QCOR $6.98 $7.05 $47
Sept 24 SIL $3.17 $3.53 $700
Sept 24 SIL $3.66 $4.06 $777
Sept 23 MKTY $1.79 $1.95 $465

Total: $28,870 (133%)

TIM Alerts

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Date Stock Position Ideal Exit % Gain
Sept 25 SIL Short $2.60 13%
Sept 25 QCOR Buy $7.15 2%
Sept 24 SIL Short $2.60 26%
Sept 23 MKTY Short $1.65 15%

August: 4 alerts, 19% avg gain

Sept: 10 alerts, 16% avg gain