October’s The Worst Month Ever And My Despised Little PennyStocking Strategy Is Up 12% & 161% On The Year aka This Industry Is Backwards

Posted by Timothy Sykes on Wed 29th of Oct, 2008 11:15:05 AM
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Yup, worst month ever, according to Barry.

That’s right, I don’t get it, how the hell can all these “market experts” who talk, trade and write all day long across the joke that is the financial “industry”–I’m including mutual funds, hedge funds, CNBC, ANALysts, BROKErs, actually get paid for their pathetic excuse for an existence when they all uniformly suck?

When their pathetic excuse for an existence uniformly loses people $?

When their pathetic excuse for an existence teaches them market skills to trick those who they lose $ into giving them more $ and blaming the economy/Greenspan/leverage/deregulation–basically everything except themselves for not using strategies like ShortStocking or PennyStocking–strategies that have superior track records in good times and bad as long you stick to the damn rules!–so as not to fire their sorry asses!

Yup, I’m gonna keep ranting because the industry as a whole can ignore me and my nasty little low priced stocks all they want, people who watch and follow the strategies, lessons and rules detailed in my instructional dvds are up nicely this month. And this year. And this decade.

Even as mainstream strategies like buy and hold aka “buy and die” and value investing “valium investing” get socked for 40%+ losses.

Funny thing as you’re gonna hear me repeat again and again is that I spend most of my time researching and blogging and I’m even up 12% now on the month, 161% for the year.

Most of my TIMalert subscribers are up that much and more, even if many are too undisciplined/wet behind the ears to have profited from the “easiest trade of my life” EVC today (detailed post coming…)–I made $1,400ish in 20 minutes on a wimpy $5,300ish position.

One day people, especially those with small accounts (hey, now that people have lost so much $, my market size has increased!) will learn just how great/easy it is to be fully liquid, apathetic to what the market as a whole does as long as it does it with some flair, and ready, like a sniper, to profit from quick bouts of pricing madness in low priced stocks, but I assure you it’s not this day.

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  • jiggy
    what will happen to the market after the fed decision this afternoon?
  • Seems like there is a lot of bad advise out there. My thought has always been if their advise is so good why aren't they rich?

    Glad to hear your sucess story.
  • i have no idea about the market, nor do i ever, i take it one ridiculous pump at a time, look how EVC was!
  • mothy
    Hi Tim,
    Is "PennyStocking Part Deux" a _separate_ and _different_ product from the original PennyStocking dvd?
    Or is it an updated version of the original PennyStocking dvd?
  • YngvaiMalmsteve
    Nice play on EVC. I got scared away by the big bid/ask spread. Too bad, no guts no glory.
  • pennystocking part deux focuses on intraday chart/updates patterns seen in 2007-/2008:

    http://www.pennystocking.com
  • G
    For every EVC there seems to be an LVS.
  • BDOG9SECLX
    OCCXD
  • for every evc there's an LVS? WTF are you talking about--its basically the same pattern....just dont short at the lows dummie, wait for the spike first
  • eb
    Nice job Tim! I had EVC on my watch also, but the early bird will always get the worm. I can see how you make trading so simple. EVC was like trying to hit the ocean!
  • eb
    Tim I'm four out of four using your trading strategy. I've never been so confident and stress free! it's on my website http://iltorello.blogspot.com/
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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%)