Screw April’s Fools Day: There’s Work To Be Done, No Time For Jokes

Posted by timothysykes on Tue 1st of Apr, 2008 07:55:51 AM

Let the clowns have their fun, this isn’t a game, it’s business. Leave the gun, take the cannoli. No mercy. No compassion. No trust. Only profit. Quicker you learn that the better.

cannoli Screw April’s Fools Day: There’s Work To Be Done, No Time For Jokes

Today looks like a higher open, good—all these broker/bank peddler scum are announcing mammoth losses, but even they can’t screw up what’s turning out to be a perfect bottom at Dow 12k. To be more exact, a solid hold of Dow 11,700—the former 2000 high it took us 7 years to breakout of. Can you say perfect retest? Maybe too simplistic, but simple works. I’m just happy I bought VWELX in my retirement account a few days ago.

Here are some microcrapper runners, none of which are nearly as perfect or multi-day as yesterday’s batch, but let’s give em a chance to see what they can do. We’re equal opportunity short sellers here…

(NEON)—which I summarized a few weeks ago

neon Screw April’s Fools Day: There’s Work To Be Done, No Time For Jokes

(NCST)

ncst Screw April’s Fools Day: There’s Work To Be Done, No Time For Jokes

(PMII)

pmii Screw April’s Fools Day: There’s Work To Be Done, No Time For Jokes

(OWW)

oww Screw April’s Fools Day: There’s Work To Be Done, No Time For Jokes

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

63 Responses

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  1. Tim, it was red and lot of people shorted pushing to 16:12 but buyers bought back up.. I am going to get out of it as the intraday chart shows a support on 16.78

  2. Ha, maybe those weren’t your exact words, I’ll look. Being more conservative definitely makes sense.

  3. TIM, I see the OWW graph and seems uptrend for weekly. Are you long or waiting to short it ?!

  4. The 2 clowns from Wall Street Warriors too funny…Especially that tall pigeon toed jock looking dude…TIM, made that show fun…Your new website you should post a bit more photos and crap you do…For instance when you were golfing with your buddy in that one episode was hilarious.

    Anyone catch the Lenny Dykstra interview on HBO?…His speech pattern is all jacked up from the steroid use in his younger days…I guess he understands the market well though.

    Anyway, hope I’m not off topic here.

  5. Just shorted MPG for the heck of it at 15.97. I don’t think it should be up that much.

  6. Lenny Dykstra doesn’t understand markets well. He took leveraged bets on stocks and doubled down on losses during a period when the market rose. aka random strategy

  7. 57

    ASTI going red on big market up day. Think it’s time?

  8. That cannoli looks good. Now I”m going to bouchon bakery tonight.

  9. 59

    dykstra is an ass

  10. ASTI you’ll probably have to reserve shorts are getting tough to borrow. They are killing the volume and then walk it up at the end of the day, very controlled stock, you’ll probably only want to short a large break out, or confirm that it’s dying and short a red day where there aren’t any signs of it coming back to life, kind of like COIN once Squeeze mode was turned off.

  11. You are right. Its not ready to short yet. I just got out before losing it on the up volume..

  12. Solar has been up since last week and this week…… there is def. going to be a red day…and when that day come- they are going to tank hard…. maybe tomorrow…

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TIM Trades

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Date Stock Buy Sell Net
Nov 11 IIJI $2,79 $2.95 $442
Nov 6 CVI $4.42 $4.70 $530
Nov 5 MECA $3.68 $3.95 $490
Nov 4 CVI $5.18 $4.94 $472
Nov 4 CVI $4.83 $5.01 $333
Nov 3 NAK $3.30 $3.37 $157
Oct 31 IDAE $2.18 $2.18 $20
Oct 30 HSNI $7.37 $7.86 $561
Oct 29 EVC $1.97 $2.70 $1439
Oct 28 HSNI $6.92 $7.30 $540
Oct 28 HSNI $6.20 $6.00 $320

Total: $34,399 (177%)

TIM Alerts

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Date Stock Position Ideal Exit % Gain
Oct 23 RBCAA Short $19.00 19%
Oct 22 APWR Short $4.70 15%
Oct 16 OCCXD Short $3.20 37%
Oct 10 ISRG Buy $175 9%
Oct 8 ISRG Buy $195 4%
Oct 6 FEED Buy $6.50 20%