To All My Haters Out There, This One’s For You!

Posted by timothysykes on Thu 20th of Mar, 2008 03:42:16 PM
  Tags:

I don’t know what’s caused the recent surge in hate mail—beauties like:

“I lost any respect for the book you wrote after seeing your website….what a load of SHIT!!!!!!!”, “I read about your story and in 2 minutes I already know your scam” and “YOU SUCK. You aren’t an investment guru, you are a frick’in retard Cramer wannabe. Dip shit.”

Maybe it’s because I’ve treated AA Dupre more like an object than a person. (Uhhhhhh, she sells her body, doesn’t that make her comparable to merchandise?) Or that I enjoyed using her gossip—repeatedly—to exemplify the kind of bottom-dweller-spikes-briefly-before-fading-back-down-to-the-gutter stock chart patterns from which I profit? (Yah, many of you still don’t get that, maybe THESE slides from my PennyStocking DVD Package will help you there) Maybe it’s due to the fact that the gossip has led to over 100,000 website visitors in the past 8 days and some nice DVD sales from people who never thought about comparing gossip to pump and dumps (I know it’s my specialty, but is this really not obvious?)

But more likely its due to the fact that now after 4.5 months since inception, my mistake-riddled (but always detailed) little TIM portfolio is up nearly 35%, making me #1 by a mile on investor ranking website Covestor!

Oh yeah, I know, it’s pretty small-time, compared to the big bad world of hedge funds, but you forget that I’m trading microcraps, smallcraps and Penny Stocks. According to acceptable financial practice, I should’ve lost everything by now, right? (Like the people who buy into these stock turds, the financial community is lacking in researching ability (maybe that’s why many of you are Wall Street analysts) (snap!) and forget that my approach is actually somewhat conservative: never use leverage and to short sell them, or when buying never to trust them as if their ticker was BSC! How dare I try to take these wretched little creatures mainstream? Who am I to think they are right for average investors?

Well, I’ll tell you exactly who I am—I am one of those average investors. Read back through my 500 blog posts and you’ll see I’m nothing special. Just a guy with a big mouth who’s sick of everyone ridiculing the only sector that’s ever provided consistent profits! Now, as I’m always sayin’, it’s time for little Timmayyy to cut through the BS…So to you ignorant haters, I say watch this clip:



And please be sure to keep it up because you only encourage me to work harder! I know you won’t research—c’mon, no time with all your resume sending and all night coke sessions, no worries, be yourselves and have fun, but if you think I only got lucky in the dot com boom, you’re wrong! If you think I’m trying to cheat people out their money, you’re wrong! If you think I’m ever gonna give up or not answer any and all questions tossed my way, you’re wrong! You think smaller investors don’t need help from somebody like me, you’re sooooooo wrong!I keep forgetting that thanks to the efforts of all the other “gurus” in the financial education market, you people have become scared little doggies. Like abused little doggies, it’s gonna take you a while to trust people again. Especially considering the detestable beings on Wall Street— money-hungry gurus and corporate drones alike—can hardly be described as human. I keep forgetting how abused you doggies have been. My bad. PS You can now follow me on twitter, haters preferred!

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  • Michael
    Woot !!!! i like the video
    we need more haters
  • Mike
    Tim, what do you think of this guy, http://www.ireallytrade.com ? He seems to be one of the few good ones out there.
  • Mike
    Admin, will that radio show be available later as a podcast?
  • Yes - it will be. You can listen to it live now here: http://www.blogtalkradio.com/Zecco/2008/03/20/I...

    And if you have any questions for Tim, call in at (347) 945-6579 and ask Tim anything.
  • MakeCents
    Tim excuse my french but F U C K the haters...you are good at what you do and that is really why they hate because they try and try and at the end of the day they still suck....keep doin what you do...youll go down in the books as one of the best imo....haters make the world go round....
  • Mike
    I'm going to call in and ask Andrew Horowitz if he thinks mustaches are in style.
  • admin
    Tim just asked that question for you - hope you heard his response. lol
  • Tim,

    What a great response by you to post this hater's comment. Shows your confidence. Keeping drinking your Cristal while they drink Hatorade (not Gatorade)!

    I am in the process of developing a housing blog (www.americanstreetblog.com) for my company right now. Hopefully your friend has gotten his golf game up (Wall Street Warriors)

    Amir $yed
  • I Bank
    You are such a fucking tool TIM. Do yourself a favor, buy a knife and run into it until you stop moving.
  • anonymous
    People don't hate you, they just think you're a retard.
  • Fishin M
    What is some of these peoples problem if they hate Tim so bad then get a life and dont go to his blog or site. Grow up you whiny little babies, cant you find anything better to do.
  • Mike
    LOL, I'm going to download the podcast. I look forward to listening to the Discipline Investor's commentary on mustaches!
  • Ben Bien
  • bsl113
    Yep - MALL !!!! I was looking at that two hours ago. Looks like it was already taken advantage of in after hours. It's on my watch list.
  • Mike
    Is a precondition of a "supernova" that the rise wasn't motivated by authentic news? (I just ordered Tim's book, and it hasn't come yet. I'm new to all this.) Thank you.
  • myass
    I think when you listen to TIM's podcast that was broadcasted today... you really see he's just a lucky guy with a few quick tricks. nothing special - but he shares what he knows on this site. is he a retard? maybe to some... but like everyone out there he's just ou thtere to make a couple quick bucks... and has an unconventional way to do so.
  • JJ
    Right on TIM. Funny how all the haters have to sign in as "myass" or "anonymous". That alone should tell you something. Not to mention their lack of research to realize that your brutal honesty is too hardcore for them. have to give them credit..if you're not some lying pump & dumper and you are actually showing people your trades, your wins, your losses and your strategy, and you're telling the truth, then what the hell are you doing here trying to change all the lies and hype that this market has been founded on? damn you TIM! As for the Cramer comparison....please. two completely different sides. but the haters would already know that if they actually took the time to figure that out for themselves. ya...you - "myass" and you to, "anonymous".
  • Damn..more hater you got, meaning you(your blog) is gettting more attention. Many people just hate to see other people make money, success, or gettin hot girls.

    Good work Tim....and I am still learning...$1200 up today. Lesson learn today, set your goal, stick with it..never get greedy.
  • Hater
    You are all idiots if you think he's something. "Sykes pattern"...give me a break, it's called spikes and no he didn't invent them. Go to Trader Magazine's website and search for "Tim Sykes". And read through all that funny shit including an email exchange with him begging to go to a party. Fucking moron lost most of his money, his family and friends who invested with him hate him. He has no risk and money management techniques. Tim Sykes - Failed hedge fund manager who has to sell $297 products to stay alive. Sucks, that you kicked yourself out of the big boys club.

    -Anonymous hedge fund manager
  • timsykes
    Ha, Larry Williams, I don't trust anybody, let him blog his ideas EVERY SINGLE IDEA/TRADE and then we'll see.

    MALL, yes, too bad about the after-hours drop, wish it'd had a few days in it, maybe it still might

    As for the Sykes pattern/Supernovas, yes, they're spikers, I def. didn't invent them but since microcraps have unique qualities, I will get people to focus only on them. Most other patterns are too random...as for losing my friends and family money, yup, but since when did 30% become "most" and u forget they were all up big when I was the #1 ranked short bias fund manager 2003-2006, fund actually finished up a few percent, much better than the crap I take. they don't hate me and wait til u see what i have in store for them...

    But yes, it's true for a very long time I had little risk management--mostly due to the snobby secretive scum infested world that is finance. nobody is willing to share their experiences openly! Disgusting, just as much as u hate me, i loathe u right back. u should be ashamed of yourselves

    And as for being out of the hedge fund game, best decision I've ever made. My investors weren't crying for their money back, I closed it on my own. Who cares about the big boys club, you're all soulless money grubbing shadows. what will u leave behind? nothing except a few bastard children. no, i prefer to teach, and by the time i'm through i'll have helped more people than all of your mistresses put together, aka hundreds of thousands. that IS something worthy of devoting one's live to.

    Oh and Traitor Monthly, sooooooooooo what, I leaked the damn news story to Page Six, helped me sell a few thousand books, showed i don't give a crap what others think of me, i'm on a mission here. And of course there is that tiny fact they thought my TV show affected my trading and thats why my fund was down. so much for investigative journalism, they probly shoulda read my book i sent them before rushing to judgment. they're little more than superficial/arrogant sellouts who represent the very worst of the trading community. they forget that trading is great not only because of its ability to create great wealth but to teach great lessons
  • JJ
    Apples? Ya Timmaaaaaay! How bout them apples! since most of you have overpaid for your education and you think spending less than $300 on a GREAT learning tool is a waste of money...what do you call the crap you continue to post here? you're hate for TIM's success is helping to drive up the site traffic. keep it going. I love nothing more than to see some so called average trader stick it to you all. not to mention if you've even followed his site, you'd already know that he's never claimed to be anything but an average trader. So my only question that I'll ask again in due time...is how are all you haters going to feel when he's reached his goal of $1.65M again and you're all still trying to make your first $1M with good 'ol proven value investing that can take 20+ years. Sure slow and steady will get you there but that's not what this niche is about. big - calculated risks - playing hype that you and all the rest of the market manipulators out there created - means BIG rewards IF played right. figure it out and take a lesson or two from an average trader and perhaps you'll wake up and realize there's actually more to this than just the crap you've heard on some power lunch show with some over paid ANALyst telling you what the next stock is. It
  • JJ
    Oh ya TIM speaking of AA Dupre...you should get her to be regular on your show! Never hurts to have eye candy while showing charts. especially on pump and dumps!
  • silentmax
    hmmm been a long time fan.

    still looking for your book here in singapore and no i wont buy your $40 book signed/shipped here when i can see it for sale online for 20 dollars. yes im that cheap...

    hope you do well in your trading, when you see yourself get a little cocky hold back a little. that last slide last time was pretty bad, but its good that you got it all back and then some.

    here a site im associated with. just posting it up.
    http://financemanila.net
  • Hater
    Tim, as much of an asshole son of a bitch you are, I'm very surprised that you've humbled yourself a bit. When you're a fund manager, your past returns mean nothing if you've lost it all. As for Cygnus, you got caught up in the hype and now your shares are worth $0.016...worthless. Any trader, whether voluntarily or involuntarily allows himself into a position to lose everything but a penny in a single transaction is a fool. I don't understand what type of person would have invested in your fund. In fact, I wouldn't even call it a hf, perhaps a collection of trading accounts for family and friends? You can teach all you want, but you know that's not where the money lies. Many failed traders and managers do tend to go out on the seminar circuit and/or sell products. Your reputation is damaged and since your name and foolishness is posted all over the web and personally depicted in your book, you'll never become a fund manager again. Go spend the rest of your life teaching, but you and I both know that these newbie traders look up to you because they're clueless and don't know how to trade a single share right. It is of no surprise that your site and "fan club" is all full of newbies, wanna be's, loser traders, and otherwise people who won't make it, and God forbid, they follow in your footsteps. Tim Sykes - An American Asshole Loser.
  • John
    It's kind of ironic that you link to non-existent page in response to a person criticizing your website, no?
  • Ali
    What a high Sharpe ratio!
  • Sizman
    Tim - how much $ is this blog pulling down? I heard some blogs make up to $30k a month - not hating, more power to you, you always give your honest advice and are far from a pump/dump or scammer (at least I dont think anyone is paying you to feature certain stocks like Lebed).
  • Math Major
    Wow, a Sharpe Ratio. I thought all you guys did was study exponentially spiked charts. It's good to see there are some out there who actually study other related stock materials.

    Sigma Sigma Sigma Gamma Delta Moooooooooooooooooooooooooooooo!
  • timsykes
    Blog is doing okay, new site goes up April 1st.

    Hater #28, I don't care about fund managing, being bigtime or being the best investor/trader, etc. I once did, but I don't have the same priorities anymore. I see too many people--95% of traders--with NO idea of what they're doing and too many frauds/liars/marketers taking advantage of that ignorance. I plan nothing less than to devote my life to changing that game. Not because I'm the best but because I'm the most open. Because for all my failures and mistakes, I'm big enough to be able to detail them, celebrating them even...for the benefit of others. With CYGT, hindsight is easy, the blame falls on me, but I also curse all you other people who have had similar experiences and not detailed it. If we keep thinking like that, nobody will ever learn! That's why you guys can say whatever you want, it doesn't matter, as long as I stay true to this goal, I'll succeed beyond my wildest dreams. This is about changing up this joke u call the financial industry
  • timsykes
    Unlike Spitzer, I don't have a damn thing to hide--I talked to Richard Johnson on the phone, how the hell do u think they quoted me? Also faxed him all the emails...you just don't get it, I'm in the right here--like u, Traitor Monthly didn't do their research properly (as is the ignroant habit in finance).

    As for 5,000 copies sold, thats 2k below a "bestseller", in 5 months.....all print-on-demand....not sold in stores....aka a raging success....stop being such a Wall Street analyst and do some DD before you speak!
  • timsykes
    Don't get me wrong, I leaked the email about Traitor Monthly's editor chastising me for not working hard enough trading, which he was 100% wrong about. those lowlifes leaked the entire email chain...i don't mind grovelling, i don't get embarrassed and those bastards screwed up my whole night, too afraid i'd take over the party....they were right, i would've
  • Truth - just go to the source site you which has all the emails.
  • Index Trader
    Does anyone out there know what chart to follow for the Composite Housing Index?
  • Index Trader
    Nevermind. I found it right after I did the above post. Thanx anyway.
  • Hater
    Tim, we all know that the financial industry is full of shit, so you're right about that. As for you profiling that whore, don't forget the story of Jim Chanos partying with Ashley at his house in the Hamptons FYI. I think people would have more respect for you if you just keep your ego in check since you're just one of many who've made money in the 90's. I'm not saying that you're bragging, but you don't need to advertise it as often as you do when people know you've lost the majority of it. What is difficult about managing money is if you have a string of successful years, you're a star, and if you lose out big time, it's over...it's a never-ending cycle. I am part of the fighthere in DC to get the SEC to deregulate the restrictive nature of hf websites. I think it's absurd that one needs to log in and meet certain criteria to view the contents of the site, which is no different than those millions of porn sites. Let's face it, when we were all 13 years old, we all clicked the "I am 18+" button to enter anyway, regardless of what 'penalties' existed. One thing I do have to mention is that you are very open, however, for future reference, keep in mind that anything written or spoken may be posted and may come back to haunt you. Also, burning bridges with the top traders/hf managers is not a smart move. They will always find a way to 'hate' on you for a very long time. As for sticking with your dreams, I do have respect for that.
  • timsykes
    Solid post but I am not scared of haters, I encourage them because I literally have NOTHING to hide. Whether or not I'm right about teaching stuff being big business, I spend little and have more than enough cash in the bank. Like reality TV, this reality teaching...sometimes it's gonna be ugly but such is life, particularly trading life
  • M
    Well this verbal fist fight just turned into a verbal reach around by the both of you.

    Hater, you're a douche for no other reason than you wasted your time writing all those posts to try to prove something when frankly nobody cares. You're obviously insecure with yourself because people who portray a high personal value don't waste their time fighting on the internet. And if you're a hedge fund manager, what the hell are you doing writing blog comments in the middle of the day? It was Thursday, last day of trading this week. You should have been covering your losses you keyboard jockey. Among other things that I'll detail in the next paragraph, I feel sorry for your investors who have such an insecure troglodyte managing their money.

    If you were a real man you'd at the very least step out of anonymity. I feel sorry for any girl you pay to sleep with. It will be the worst 30 seconds of her life.

    And Tim, for fuck sakes man get over these tools. You're doing well, the facts with TIM alone prove it. The majority of people here don't pay any attention to the haters so I don't think you need to be so defensive. When the haters come out of hiding and say who they are, then defend yourself. Until then, consider them annoying 17 year olds who are butt hurt puberty has taken so long.
  • NDK
    "M"...aren't you doing the same thing as the hater by being anonymous as well? lol
  • M
    The difference is I'm not fighting with anybody.....I'm attempting to stop the back and forth bickering and get back to investment talk. But with that said, if hater takes issue with the truth and would like to discuss it with me I'd be glad to do it in private which is where the original argument should have happened in the first place. Tim, you've got my email, feel free to send it to hater.
  • MakeCents
    I wanna short this argument
  • Here's what's a little confusing: The "haters" are proclaiming their superiority to Tim by calling him names like five-year-olds. Yet if they're such fabulous traders who do it right, what are they doing watching Tim's site and posting insults and arguments? One might suggest that their time is better spent trading and researching trades if they're so successful. Spend more time doing what you're good at!

    Seriously, why on earth do that haters care what Tim does or how he does it? So he's got a knack for getting great publicity - some good, some bad. What's it to you? Really?

    If you disagree with his trading strategy, then have a useful discussion on it and offer up your arguments and give support on them. Otherwise, there's really no purpose for you to be here.
  • Tim--one question. You say that "4.5 months since inception, my mistake-riddled (but always detailed) little TIM portfolio is up nearly 35%". Yet Covestor has you as being up by 150% since last November and 52% this year. Is Covestor wrong? Are you wrong?

    Also, I would love to challenge your supremacy on Covestor but can't auto-import from Interactive Brokers. Please could you lean on them and encourage them to make that happen? Thanks.

    Michael Goode
    GoodeValue.com
  • timsykes
    Covestor's #s don't account for your cash position. So when I commit 20-40% of my portfolio to 1 stock, they take that as 100% of my portfolio since i have no other stocks. unfortunately beneficial to my 1-2 stocks at a time strategy, but only if i'm right
  • Thanks for the explanation, Tim.
  • Noname
    HAHA...here is a good one....

    http://gawker.com/news/ego-casualties/hedge-fun...


    After reading this, I feel sorry for you man....sign me up for 100 CDs....Also, let me know where to send a check for your studio...unless you have become the janitor in your building...in that case, you can use the money for groceries...

    Cheers!
  • Noname
    Actually, here is another one....loser, why cant you recognize?


    Disgraced Phenom Hedge-Funder Is Back To Feeling Bullish!

    26-year-old Tim Sykes had a bit of a career derailment when the hedge fund he built out of Bar Mitzvah money tanked. He was disinvited from a Trader Monthly party and he had to give up his butler! But now, Tim is having a resurgence, thanks to the website where he's sharing his wisdom with the masses. "I proud to announce that, TIM, or Transparent Investment Management, gained nearly 14% in November, even as both the Dow Jones Industrial Average and the S&P 500 lost 4% and the NASDAQ tanked 7%. It was a difficult month for most people (since everyone loves to be bullish), but it's during these kinds of markets that the ability to go both long or short really comes in handy (aka why hedge funds rock!)," he writes douchily in an email newsletter.

    He continues: "How was I able to dominate the overall indexes for the month? Well, to find out, all you have to do is visit TimothySykes.com as I've detailed every single trade, potential trade and investment idea that popped into my head during the month. You'll discover I made plenty of bone headed mistakes and that's why I truly believe I can teach others to do better than me!"

    Right: Those who can't do, etc.
    Read More:

    * One minute you're up half a million in soybeans and the next, boom, your kids don't go to college and they've repossessed your Bentley.
    * Ex-Glamour Dudeblogger in More Trouble?
    * Jim Cramer Defends His Position, Is Still Hated

    10:20 AM on Tue Dec 4 2007
    By Emily Gould
    3,210 views
    46 comments

    Tagged:

    * COMEBACKS,
    * DOUCHEBAGS,
    * NOT RELATED TO PLUM SYKES,
    * TIM SYKES,
    * WALL STREET

    Comments
    Comment on this post via email

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    No commenter image uploaded by JudithButler at 10:25 AM on 12/04/07
    Reply by Email
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    You can't beat the market forever, chumps
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    Image of Ha Ha Sound by Ha Ha Sound at 10:26 AM on 12/04/07
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    Frankly, I believe that every hedge fund manager and i-banker should have his 2007 salary and bonus confiscated and given to somebody who had his house foreclosed upon.

    Or, you know, maybe he could just get ghonorrhea from Paris Hilton or something.
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    Image of Itsjustcatnip by Itsjustcatnip at 10:26 AM on 12/04/07
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    The bull would like to lodge a protest against the brotherly arm.
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    Image of TheHonJudgeSmails by TheHonJudgeSmails at 10:29 AM on 12/04/07
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    Gaining 14% in a month, regardless of the performance of market indices, should never be called "domination".
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    Image of dado by dado at 10:29 AM on 12/04/07
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    Parker Lewis won't lose
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    No commenter image uploaded by ModestProposal at 10:30 AM on 12/04/07
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    Fooled by Douchiness
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    Image of vulturesquadron by vulturesquadron at 10:36 AM on 12/04/07
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    @TheHonJudgeSmails: C'mon that's 21% against the NASDAQ--almost nearly *one quarter* better!
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    Image of mitchel_stevens by mitchel_stevens at 10:36 AM on 12/04/07
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    It is the perfect storm photo of douche: the wall street bull, TIM and the B&T sign. God. You only see this once every decade. Or anytime one re-reads "Bright Lights, Big City."
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    Image of nutmeg by nutmeg at 10:37 AM on 12/04/07
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    Bull ish
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    Image of Queen of the Passive Aggressives by Queen of the Passive Aggressives at 10:39 AM on 12/04/07
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    Analysis versus "pops into my head". I'm going with an analyst.
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    Image of ephronfan by ephronfan at 10:40 AM on 12/04/07
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    He and John Fitzgerald can be bffs!
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    Image of EnviousJuno by EnviousJuno at 10:43 AM on 12/04/07
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    Patrick Bateman will eat him. Maybe Lydia Hearst too.
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    Image of suzyO by suzyO at 10:45 AM on 12/04/07
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    he was dis-invited from the party? OMG that so totally happened to me when i was 8, or was i 9, when my best friend virginia got a new BFF i forget her name and then the NBFF got me booted from the party and my mother had to call her mother and everything.
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    Image of LolCait by LolCait at 10:45 AM on 12/04/07
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    I think he's really cute.

    SYKES!
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    Image of Goodbye, Commenters! by Goodbye, Commenters! at 10:45 AM on 12/04/07
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    My investments are all made at bodegas. They have a little machine there, it's easy! And I could get a 17 million percent return!
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    Image of Goodbye, Commenters! by Goodbye, Commenters! at 10:46 AM on 12/04/07
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    @LolCait:
    Is "Sykes" your butler?
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    Image of fiveinchtaint by fiveinchtaint at 10:47 AM on 12/04/07
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    Look at my button down striped shirt! Fucking look at it!
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    Image of Atelier by Atelier at 10:48 AM on 12/04/07
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    I heard this guy made a fortune on Teldar Paper.
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    Image of fivehole by fivehole at 10:48 AM on 12/04/07
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    this reminds me of the time bob roberts forged his mother's signature on checks to enroll in military academy to get away from the hippy free-loving lifestyle of the 60s.
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    No commenter image uploaded by bifff at 10:50 AM on 12/04/07
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    i'm sure his results are audited
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    Image of suzyO by suzyO at 10:54 AM on 12/04/07
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    there IS something horribly JFP about him ...
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    Image of ADismalScience by ADismalScience at 10:57 AM on 12/04/07
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    A 14% month is a meaningless blip. So you were short some of the right names! Stop patting yourself on the back for essentially guessing right for once in your pathetic career. All the big boys have quant strategies that do this reliably and regularly - stop pretending to be knowledgeable; in case you haven't noticed, your portfolio can go both up and down.
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    Image of Scooter34 by Scooter34 at 11:00 AM on 12/04/07
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    @Atelier: There's not enough grease holding back his hair, and he's not wearing a boldly striped shirt with French cuffs, to be Gecko Junior.
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    Image of IndianSlipper by IndianSlipper at 11:01 AM on 12/04/07
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    This is a better ending to a hedge fund crash than being found tits up in your Florida pool, and having the world find out post mortem that you hung out with a gay man named Tiger, with wifes approval.
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    Image of hypocriteoath by hypocriteoath at 11:02 AM on 12/04/07
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    @Scooter34: Tiki wore that shirt on the today show.
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    Image of FracturedAcetabulum by FracturedAcetabulum at 11:07 AM on 12/04/07
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    Greed is good.

    Or not.
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    Image of lawyergay by lawyergay at 11:13 AM on 12/04/07
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    His hedge fund was called "Cilantro Fund Management, LLC." Too bad it folded. I was eyeing him as an angel investor in my new venture, Chimichangas Strategies, LP.
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    Image of dado by dado at 11:16 AM on 12/04/07
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    @lawyergay: Coriander Capital was taken
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    Image of suzyO by suzyO at 11:21 AM on 12/04/07
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    warm nutty spicy capital might have out-ed him.
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    Image of BettyCrocker by BettyCrocker at 11:38 AM on 12/04/07
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    I think I recognize him from a gay porno set in a Taco Bell, involving lots of leather. And taquitos.
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    Image of KarenUhOh by KarenUhOh at 11:50 AM on 12/04/07
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    He'll make a mint when Schlitz Malt Liquor goes public.
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    Image of twoeightnine by twoeightnine at 12:00 PM on 12/04/07
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    What a shitty senior photo.
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    Image of Bos\'un\'s Mate by Bos'un's Mate at 12:06 PM on 12/04/07
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    @fiveinchtaint: Me thinks you'll be wearing much wider strips someday.
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    Image of hhpeterson13 by hhpeterson13 at 12:08 PM on 12/04/07
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    @Ha Ha Sound: Are you kidding? So many of those people facing foreclosure now didn't fucking read the fine print of their contracts, and so now the government is looking to bail out said idiots and you, me, and everyone we know (at least everyone who prudently handled their mortgages, if mortgage holders) will have to face increase taxes to bail out the assholes. DO NOT WANT. Nothing personal, Ha Ha Sound.
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    Image of fiveinchtaint by fiveinchtaint at 12:52 PM on 12/04/07
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    @Landor: As in jail. OK. That was a reference to an article done quite a while ago. Amusing. Gawker won't let me post the link, but Google "striped shirt" and it's the first link. Enjoy.
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    Image of ADismalScience by ADismalScience at 12:59 PM on 12/04/07
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    @Ha Ha Sound:

    Wait, what?

    FYI, people would have plenty of money to pay these mortgages if they got them at fixed rates in terms they understood and didn't have so much other car/credit card/student loan debt. Are you really going to put it on investment banks to monitor every aspect of each client's financial situation?

    That's really responsible. That degree of oversight cripples the economy and puts banks out of business, and that means you're only getting a house if you have some goats to trade. It's okay to resent bankers, some of them are grease, but it's not okay to hate the liquidity they provide to home investors.

    After all, if all those loans get foreclosed or called the banks basically own the United States.
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    Image of meerkat by meerkat at 01:16 PM on 12/04/07
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    @TheDismalScience: @Ha Ha Sound:

    Totally agree with HaHaSound. These people didn't just fail to read the fine print - they were hustled.
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    Image of hhpeterson13 by hhpeterson13 at 01:21 PM on 12/04/07
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    @TheDismalScience: I'm with you, Leather.
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    Image of hhpeterson13 by hhpeterson13 at 01:22 PM on 12/04/07
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    @meerkat: Maybe some were hustled, but at some point the consumer must take responsibility, read the fine print, and not hope for all hope that someone, somewhere, will bail them out when the going gets rough.
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    Image of meerkat by meerkat at 01:28 PM on 12/04/07
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    @Sayser:
    But they were lied to and taken advantage of by people who knew exactly what they were setting these poor shnooks up for. And they should have their financial thumbs broken.
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    Image of Bos\'un\'s Mate by Bos'un's Mate at 01:43 PM on 12/04/07
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    @fiveinchtaint: I fucking love Red Bull! I put it on my God damned cereal! I'm crushing one right now!

    I'm thinking about buying a boat this year!
    [thx!]
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    Image of pantsonfireliarliar by pantsonfireliarliar at 03:01 PM on 12/04/07
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    @meerkat: Right, because tricking people into foreclosure to get ownership of properties that cannot be sold is an incredibly profitable market.

    If anyone, it was mortgage brokers who were predatory in this. They're they ones who signed people up, got their commission and didn't care what happened afterwards.
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    Image of meerkat by meerkat at 03:15 PM on 12/04/07
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    @pantsonfireliarliar:
    You're right about the mortgage brokers - I'd love to see them face some kind of punishment for what they knowingly did - but I'm sure that won't happen.
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    Image of ADismalScience by ADismalScience at 03:44 PM on 12/04/07
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    @meerkat:

    No.

    They chased commissions, but the foreclosure is punishing to them and their bosses; the banks don't want these houses! Especially with prices falling. You're confusing a rather small problem of fraud and dishonesty with a large oh god it's so big problem of the dysfunction of the consumer credit market.

    You're all such populists in that you learn one factoid, perceive a slight, shout from the soapbox.
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    No commenter image uploaded by TheWall at 08:06 PM on 12/04/07
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    This pathetic publicity ho is so full of himself. He personifies douchebaggieness. In fact, when you look up douche bag in the dictionary, his picture comes up.

    He would be more appropriately photographed at the other end of that bull.
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    Image of Curse_of_NursePornstein by Curse_of_NursePornstein at 10:33 PM on 12/04/07
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    @TheDismalScience: Most times I just sit on my hands when the crowd heads in this direction...but I'll venture out this one time to say that I admire your courage. I'm a closeted believer in (barely audible whisper) personal responsibility.
  • J Biggs
    That's A LOT of hate!
  • shizzer
    How do you have so much time to respond and write to a blog forum? I don't see that in anyone else out there. Oh right! You're superhuman. The stock market is all a game and you have it all figured out. Silly me!
  • Tim, did I see you call out Larry Williams up above? Come on man - don't let the haters get to ya too bad and get you too frustrated. This is why you can't paint with too wide a brush.

    Larry Williams still holds the Robbins Rup World Trading record. All audited. Took $10,000 to $2 million in one year, and then had a bit of drawdown (we've all been there eh) due to the 1987 crash and ended up with it at $1.14 million by the end of trading.

    The guy has made millions over and over again - publicly. My lord, the guy is so good, he actually invented some of the indicators that many of us still use today.

    http://en.wikipedia.org/wiki/Larry_Williams_(tr...)

    But I'm with ya. Too all the haters - all I have to say is -

    Take it to em' Tim.
  • OMG - I read the one haters comments above. Now that's pretty funny. He tries to call Tim's December results a "blip".

    I wonder what he's saying now, with Tim staring at a 230% return?

    Tim, don't let the haters get you down. Any of us with the balls to have our results publicly audited - we're going to attract hate.

    It's called: Jealousy.
  • Misha
    Tim, do you list all your past wins and losses? Tim trades have both but Tim alerts only list gains. Why is that you only list gains in your past Tim alerts list? Hmm?..
  • greymatter
    Misha, look on the right side of the page. There is a "View all" buttons.

    Tim is not a miracle worker.
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Start Here

TIM Trades

View All
Date Stock Buy Sell Net
Nov 19 AENY $2.80 $3.02 $1148
Nov 18 NLST $4.16 $4.40 $947
Nov 18 IMGG $1.42 $1.64 $2094
Nov 17 NLST $5.04 $5.59 $2195
Nov 13 VRMLQ $21.50 $22.97 $2901
Nov 11 EONC $2.61 $2.80 $687
Nov 10 EONC $2.74 $3.36 $9784
Nov 6 QXM $4.31 $4.80 $1936
Nov 4 COT $8.66 $8.88 $642
Nov 4 QXM $4.61 $4.89 $822
Oct 30 DDRX $25.70 $26.53 $812
Oct 29 CTDC $4.00 $4.42 $781
Oct 26 AWSL $3.24 $4.10 $2516
Oct 23 RODM $5.27 $5.23 $301
Oct 22 AMLM $2.69 $2.97 $820
Oct 22 USEG $6.12 $6.09 $85
Oct 20 CBOU $8.93 $9.06 $243
Oct 16 VRMLQ $16.79 $18.65 $2773
Oct 13 YONG $11.05 $11.66 $1202
Oct 13 NPHC $0.59 $0.71 $583
Oct 12 IMGG $0.60 $0.70 $682
Oct 9 ZAGG $5.50 $6.10 $2380
Oct 7 GVBP $0.03 $0.27 $702
Oct 1 NPHC $0.70 $0.85 $1482

Total: $98,094 (681%)