Sykes’ Saturday Seven: April 5th, 2008 Edition
Posted by timothysykes on Sat 5th of Apr, 2008 12:07:12 PM
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Gotta love how the press frames news—in this case the Clintons making $100mil+…over 8 years…c’mon it’s not so much, they’ve done a better job than many corporate CEOs who are much richer!
Speaking of failed CEOs, I ripped on former OSTK-CEO-now-turned-madman-to-the-delight-of-many Patrick Byrne in this post, but now he’s out to prove everyone wrong in submitting THIS essay about Jim Cramer. Forget Cramer, is Byrne sane or insane? You be the judge…my vote hasn’t changed.
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Funny site that claims to cure boredom
This video cures boredom visually:
No April Fool’s joke, 3rd graders accused of plotting to murder their teacher….siiiiick
Speaking of murder, gotta love how some rich and powerful hedge fund managers get offered free murders, all they gotta do it authorize them
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TIM Trades
View All| Date | Stock | Buy | Sell | Net |
|---|---|---|---|---|
| July 2 | KIRK | $10.60 | $11.53 | $1377 |
| June 30 | ISRL | $107.97 | $118 | $985 |
| June 24 | LZB | $4.53 | $4.81 | $1240 |
| June 17 | GWSC | $1.86 | $2.76 | $2679 |
| June 15 | SHZ | $1.66 | $1.83 | $280 |
| June 15 | SPNG | $0.11 | $0.18 | $630 |
| June 12 | JAZZ | $2.84 | $3.26 | $380 |
| June 12 | MAPP | $9.68 | $10.07 | $565 |
| June 8 | HEB | $3.00 | $4.18 | $334 |
| June 3 | GROW | $8.64 | $8.96 | $740 |
| June 3 | SYMX | $1.21 | $1.11 | $940 |
| June 1 | USCN | $0.55 | $0.86 | $260 |
Total: $65,674 (421%)
Tim, you missed this link, http://www.inspectd.com Good site to practice looking for super novas aka sykes patterns.
as i posted a few weeks before, inspectd gives chart patterns a bad name…more varibales involved than just the chart, people who mistake that will lose a lot of $
Got it, searched the site and found what you wrote about it here: “Techcrunch might be right about Inspectd.com being fun and addicting, but it sets a very very very very very very very bad example. The problem lay in the fact that pattern recognition is only part of the game, you also have to understand the variables that align to CREATE those patterns. Comparing a 100% one-week stock price jump based on a positive earnings report
random plays are the enemy, u should never short BSC run up from $4 to $11, but a spam stock, u should. never short something like BOOM when it goes from 3 to 12 (on earnings), crap company like COIN, u should
That makes sense. Thanks very much for your reply.
solars are becoming supernovas again.
anyone going to short them soon?
Timmy, What’s your take on FRPT?
Chart seems to be on up trend.
How’s FRPT in an uptrend? I’ve wasted my whole day on that damn inspectd. It is pretty much useless but it is addictive.
Tony, what strategy are you using for inspectd? I’m trying a trend following approach, skiipping plays not in a clear trend and buying/shorting the others. I lean towards buys because market went up a lot during this period.
Too bad inspecd doesn’t let people go head to head.
I found your blog on google and read a few of your other posts. I just added you to my Google News Reader. Keep up the good work. Look forward to reading more from you in the future.