8 Stocks To Watch aka Successful Trading Boils Down To Patience
Posted by Timothy Sykes on Tue 16th of Sep, 2008 10:42:48 AM
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This was sent early early morn to TIMalert subscribers:
Really not happy with how slowly the overall market is fading here, spammers and stock promoters are feeling the pain, as are we short sellers—those of us who strangely like to short into strength, not weakness at least. Good news is I remain all cash, watching all the developments…waiting to punce…waiting for some signs of panic…at least then, I might do some dip buying as it could just be easy $ (keeping a cool head during wartime leads to medals of honor aka solid risk-reward profits)
NAPS got taken over by Best Buy who wants to look cool and cutting edge, 700k subscribers, still loses $4mil/quarter, shitty business, but sometimes it’s about eyeballs…this is why American is going down, only here do consistently money losing businesses mean anything…in Japan management would’ve committed suicide for their failures long ago
COIN crapped out right at the open, pre-market in fact, no shares available to short anyway, actually rebounded nicely before failing due to overall market conditions…definitely not because their latest PR was lacking hype, they are true hype master, Jim Blackman is a PR god, actually’s got suckers to believe in their shit!
ATEC quickly spiked and dumped, too quick for my taste, that’s what happens when there’s NO big winners on a given day, shorts get restless and pile into anything like drunken guys at a bar hitting on an ugly girl before last call
APWR is in freefall, good, the scumbags deserve it…if we get some true panic—ideally signel digits—might a decent bounce play for $2+/share, that’s one potential angle
FNET dropped predictably, but the drop was right at the open on few shares…gotta be early sometimes or risk not getting in at all, good lesson for TIMalert subscribers and PennyStocking DVD students alike
QCOR breakout failed, turned out to be a good short, I’d never EVER short that pattern, yes, it ran up too quickly, but it’s a confirmed breakout, dip buyers might do okay here, not for me, especially in this potentially catastrophic market…will be watching for further breakout over $6.75 as buy signal to the mid $7s or low $8s on short squeeeeeeeze
AIG was down big, good for quick scalps, not good for TIMalerts, actually useless for TIMalerts, by the time you got any message, the move would have been made. Gotta raise $75 billion today or go bankrupt Wednesday…would truly be a multi-year mess if this thing dies.
MER got acquired by BAC, yeah right, no confidence in that deal, was pressured by Fed. Everything in finance stinks.
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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%)
hey tim, great post. Just wanted to let you know that keep doing what your doing, I come to your site daily to learn more on how the stock works. I am fairly new to the game and already set up a demo account with thinkandswim. This week I will be buying your DVD and timalerts package. Once finishing the DVD ill start full time trading. I’ll follow you on covestor also. I like your strategy and style of trading. Any heads up for someone like me? Or that’s basically all I need, the DVD and timalerts and of course the knowledge of stocks. Thanks tim keep it up.
cool, yes, all u need is a desire to learn, the DVD and the alerts…if i do my job well, eventually, you won’t even need me
new post:
http://timothysykes.com/2008/0.....followers/
lol awesome. I am very desire to learn. tim i got a quick personal question to ask you. do you have any kind of way for me to contact you? thanks
APWR is in freefall, good, the scumbags deserve it…if we get some true panic—ideally signel digits—might a decent bounce play for $2+/share, that’s one potential angle
interesting interpretation. i’m not sure why or how it would get to the single digits, though we’ve all seen time and time again that that sort of thing is possible. if it goes below 11, then yeah, we could see it crash, but otherwise i wouldn’t be surprised if it ran to 18 in the next couple weeks. i got in at 12.40
singlge digits are closer thank u think, pray for some panic, dont ever try to buy a falling knife, u’ll cut your hands
if it hits the single digits, i’ll buy your dvd. this one isn’t a fraud. but really, i’ll be ok with my stop, but there’s nice potential upside.
ha just buy the dvd anyway and u’ll see the chart pattern isnt highly reliable until there’s true panic, until then, it’s just a gradual penny stock fader destined for nothingness