Let’s Get Some True Panic In Time For LiveStock Today 1PM Til Whenever!

Posted by Timothy Sykes on Fri 10th of Oct, 2008 11:04:30 AM
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This was sent to TIMalert subscribers early this morning, already made an alert/trade on one of them, easy 10% gain within 20 minutes, made $700ish, now I’m over $30,250, up 144% in the last year, into the market’s morning spike, a common pattern that I detail on the new ShortStocking DVD…yeahhhhhh

Finally starting to get some panic, who’d ever think I’d be right about the rallies not sticking, certainly not tens of thousands of dip buyers, nor wannabe stock market experts who are all now broke, or will be soon after their followers/client sue them for not really knowing the risks associated with their gabbing…this is why I don’t buy falling knife chart patterns, stocks or indexes, they always seem to go further than you think…

For more on what I think needs to happen before the ultimate bottom, check out this new blog post that’s all about capitulation.

And since we’re doing LiveStock today at 1pm EST, which you can tune into HERE, I might just extend it until the market close at 4pm if we get some true panic or bounce because it’s gonna be one exciting day and we can all share stocks we’re watching with probable plays galore!

So, today’s watchlist is kinda flimsy because there’s no way in hell that I’m shorting anything into this panic—might work out nice, but I gotta conserve capital and odds favor a snapback rally sooner rather than later…methinks I’ll be doing dip buying galore, ideally in the afternoon live on LiveStock.

Remember, we PennyStockers are in the best position of anyone—fully liquid and not bitter because we’re sitting at all-time highs…you don’t need to make any trades whatsoever, be as patient as possible today, for most others will not be.

ISRG is down to $172 now, this is why when you dip buy, you have to be quick, don’t fall in love with any stock, might be able to pick this up at $$150 with any true panic

NED is up from $2.50 to $3.25, but I ain’t shorting because I need to conserve my capital for all the probable dip buys.

CDY 90 cents to $1.40 doesn’t get me excited enough to use my precious capital…even had somewhat positive news.

GE reported earnings that weren’t that bad, it’s only down a little bit, gotta be considered a victory, albeit a small one.

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TIM Trades

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Date Stock Buy Sell Net
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: $92,304 (644%)