Using Madoff’s Ponzi Scheme For Good, In The Spirit Of Napoleon Hill

Posted by Timothy Sykes on Sun 11th of Jan, 2009 09:05:41 AM

Tags:

This is gonna help you get rich…I think…at least all you Napoleon Hill followers see to believe it will so let’s see if this works…

Scroll your eyes over each of the dollar amounts lost from each ~~victim~~ investor in Madoff’s scheme and read each one aloud while feeling outraged at how evil this guy really is.

Access International $1.4 billion Company statement,
Advisors Bloomberg Data

Alicia Koplowitz, $14 million Bloomberg News
One of Spain’s richest
women

Aozora Bank Ltd. 12.4 billion Company statement
yen ($137
million)

Banco Santander SA 2.33 billion Company statement
euros ($3.1
billion)

Bank Medici AG $2.1 billion Bloomberg News

Banque Benedict Hentsch $48 million Company statement
& Cie. SA

BBVA 300 mln euros Company Statement
($404 mln)

Benbassat & Cie. $935 million Reuters, citing Le Temps

BNP Paribas SA Up to 350 Company statement
million euros
($478.2 mln)

Boston philanthropist $145 million Boston Globe
Carl Shapiro’s
charitable foundation

Bramdean Alternatives 9.5 percent Company statement
Ltd. of assets

Groupe Caisse d’Epargne Less than Company statement
8 mln euros
($11.2 mln)

Caisse des Depots 1 mln euros Bloomberg News
et Consignations ($1.4 mln)

Clal Insurance 3 mln shekels Company statement
($778,800)

CNP Assurances 3 mln euros Company statement
($4.1 million)

Congregation Kehilath $3.5 million Bloomberg News
Jeshurun letter

Credit Mutuel 90 mln euros Bloomberg News
($124 million)

Dexia SA 78 million Company statement
euros ($106.9
million)

Edward Blumenfeld, Undetermined Bloomberg News
real-estate developer

EFG International $130 million Company statement

EIM Group $230 million Bloomberg News

Elie Wiesel Foundation Undetermined Wall Street Journal
For Humanity

Fairfield Greenwich $7.5 billion Bloomberg News,
Group Company Statement

Fix Asset Management $400 million Company Statement

Fortis Bank Netherlands 1 bln eurosBloomberg News
($1.4 bln)

GMAC LLC Chairman Most of its Wall Street Journal
Jacob Ezra Merkin’s $1.8 billion
Ascot Partners LLC of assets

Great Eastern $44 million Company statement
Holdings Ltd.

Groupama 10 mln euros Company Statement
($14 mln)

Hadassah $90 million Bloomberg News

Harel Insurance $14.2 million Company statement
Investments & Financial
Services Ltd.

Horowitz Association $800 million Haaretz newspaper

HSBC Holdings Plc $1 billion Company statement

Ira Rennert, Undetermined Variety
CEO, Renco Metals

Jeffrey Katzenberg, Undetermined Wall Street Journal
DreamWorks Animation

JEHT Foundation Undetermined; Company Statement
Will close

Julian J. Levitt $6 million Washington Post
Foundation

Kas Bank NV 9 mln euros Company statement
$12.3 mln

Kingate Management Ltd. $3.5 billion Bloomberg News,
FIM Advisors LLP Bloomberg Data

Korea Life Insurance Co. $50 million Yonhap News

Korea Teachers Pension $9.1 million Company statement

Leonard Litwin Undetermined Spokesman

Madoff Family Foundation $19 million Washington Post

Maimonides School $5 million Bloomberg News

Man Group Plc $360 million Company statement

Maxam Capital $280 million Wall Street Journal
Management LLC

Massachusetts State $12 million Boston Herald
pension fund

M&B Capital Partners 137.4 mln El Mundo newspaper
euros
($187.9 mln)

Mediobanca $671,000 Company statement

Mirabaud & Cie. A few million Reuters, citing Le Temps
Swiss Francs

Mitsubishi UFJ $11 million Company spokesman
Financial Group Inc.

Mort Zuckerman’s $30 million CNBC Interview
charitable trust

Natixis Up to 450 Company statement
million euros
($614 mln)

Neue Privat Bank $5 Million Bloomberg News

New York Mets Undetermined Company statement
owner Fred Wilpon’s
Sterling Equities Inc.

New York University At least Company complaint
$24 million

Nomura Holdings Inc. $302 Million Company statement

Nordea Bank AB 48 mln euros Company statement
($65.6 mln)

Norman Braman, Undetermined Wall Street Journal
Former owner of the
Philadelphia Eagles
Football Team

North Shore-Long Island $5 million Company statement
Jewish Health System

Notz, Stucki & Cie 760 mln Le Temps
Swiss francs
($696 mln)

Phoenix Holdings 48 mln shekels Company Statement
($12.42 mln)

Philoctetes Center undetermined Web site

Picower Foundation undetermined New York Times

Pioneer Alternative $280 million Bloomberg News
Investments

Ramaz School $6 million Bloomberg News
associated with letter

Reichmuth & Co.’s $330 million Letter to clients
Reichmuth Matterhorn
fund

Robert I. Lappin $8 million Washington Post
Charitable Foundation

Royal Bank of Canada Less than Globe and Mail
C$50 million
($40 million)

Royal Bank of $360 million Company statement
Scotland Group Plc

SNS Real Groep NV “minimal Bloomberg News
exposure”

Societe Generale SA Less than 10 Company statement
million euros
($13.7 mln)

Sumitomo Life 2 billion yen Company spokesman
Insurance Co. ($22 million)

Technion 25 mln shekels Company statement
($6.5 mln)

Telefonica SA’s 7.3 mln euros ABC newspaper
pension fund ($10.6 mln)

Tremont Group $3.1 billion Bloomberg News
Holdings Inc.

UniCredit SpA 75 mln euros Company statement
($102.5 mln)

Union Bancaire Privee # Less than Company statement
1.26 billion
Swiss francs
($1.08 billion)

Unione di 60.4 mln euros Company statement
Banche Italiane SCPA ($85 million)

U.S. Senator Frank Undetermined Bergen Record,
Lautenberg’s Bloomberg News
Charitable Foundation

Steven Spielberg’s Undetermined Wall Street Journal
Wunderkinder Foundation Bloomberg

Yeshiva University $110 million Bloomberg News
Yeshiva University
Newspaper

It might take you sometime, but just think about what each of those great sums of money could buy.

Now think about what you have to do to try to make that kind of money.

Now write down what you have to do, keep that piece of paper in your wallet forever and ever.

Each day when you wake up, pull out that piece of paper and do something that day to work toward that goal.

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anon

http://nlakhani.blogspot.com/2009/01/fortress-i...

FORTRESS INVESTMENT GROUP
Ticker- FIG.

I recently hit a century on the trading pitch. I entered FIG at 1.20, had a weekend hold after an incredibly friday. Held Monday, and sold on the Tuesday morning breakout. My exit was perfect. I saw the percentage gains, knew a sell off was inevitable after the near 35 cent breakout in just 2-3 minutes, and got a full fill at 2.38. This was a near 100% return. I'm really proud of the way I handled the movements of the stock between the point I bought at and the point I sold. The path was not direct. As always buying and selling during panic breakouts or sellouts is not a good idea. You can significantly add to your loss if you close during a panic. Mostly this applies to sell off's, I will explain why.

When I began trading around JUNE. The hot strategy was "green to red" and short. Playing a stock long seemed inexplicably complex. "Red to green" didn't always hold up, so I wasn't sure how to tell if a stock was ready to rise. The "green to red" strategy was made popular by timothy sykes, and it was transparent that many of his minions had infiltrated GOTS and were trying to spread this gospel. Muddy, being the brilliant trader her is, stuck to his key phrase which is simply waiting for confirmation on a stocks predicted path. I had not made up my mind back in August, but I was certainly only playing shorts for the most part. It has become clear to me that the nature of many day traders too, was that shorting was the best way to some quick gains. Market makers, more experienced by definition, can easily respond to the way the masses are thinking. After all, this is their job. It seems like the pump and dump is losing it's strength. Stocks like SIL and FEED and COIN aren't dumping as easily as they have in the past. This is expected. Any profitable strategy in the market will become apparent, be exploited till the point where it becomes common knowledge and thus harder to succeed in. I'm not saying pump and dump is dead, but if you've been around watching pennystocks as long as I have, you'll know there is emerging a strategy to respond to pumps and sell offs that is PRIMED for profit.

There has been a huge increase of pennystockers courtesy of Timothy Sykes. Most don't know what they are doing. When they short, you can gain. Enough said.

If you wish to discuss this strategy further, and are noticing things as well. I'd love to talk. lakhani.nirav@gmail.com
Posted by lakhanin at 8:36 AM
1 comments:

Muddy said...

This is a great post,and dead on too
The pumps now(and the just flat out runners)keep on running.
The tide has changed,I was looking about 75% to the short side a few months ago.
Now in the past month,I hardly even bother looking short anymore.
It's more of a game to me,you know, find the big spiker and wait for a breakdown(like WOLF)but it's just the feel of capturing your prey..the real money now is hopping on board the momo's long.
In the past few weeks I've been 90% LONG on my daytrades.
EVEN ON THE BIG RED DOWN MARKET DAYS....Momo's have strength and they are not giving up like a few months ago,not even close.
There are tons of stocks that spike up,hit that upper bolllinger band and go more..more than you can believe.
Game right now,LONG.
But again that will change oneday...just stay attuned
To me,that speaks volumes.
45 years of watching the market,things change,this has too.
No doubt it will change.

"There has been a huge increase of pennystockers courtesy of Timothy Sykes. Most don't know what they are doing. When they short, you can gain. Enough said."

Love that quote,yup,enough said! - Muddy

Evan

Hey Tim,

I figured I'd post this on a slow Sunday. After following you, Muddy, and a few others (you since WSW), I've decided to start my own blog missiontrading.blogspot.com

Well when you see my strategy (which is basically shorting stocks that have gone too far too fast and show signs of weakness/cracking, etc. blah, blah, blah- you mastered this niche and know the drill), then start reading posts like the one above- does it give you any pause at all?

I'm confident in the strategy after watching virtually every pump and dump mentioned on your site over the past year, but have two questions:

1. Can you name one stock that fits the 'dark gift' description that hasn't eventually tanked to levels below your initial mention?

2. After reading your book, the majority of your gains were 'buys' during the bubble. This past year was def. easy for shorts, but I was wondering if you still hold to your "even better gains to be made by shorting in a bull market" stance.

Thanks Tim,
Evan

alex

“even better gains to be made by shorting in a bull market”
lol - definitely not true, the odds are much in favor of long positions in a bull market - notice how Tim has had a streak losing trades lately? - it's because the market has been getting bullish. It might not be an absolute turn - it may go back to test the lows or even make new lows but the past month has been moving up

Timothy Sykes

cmon alex, dont be so dumb, if u could read, specifically my book, u'd see the biggest exponential gainers happen during bull markets...losing trades lately? uhhhh there havent been ANY true exponential gainers...stop wasting my time with your simplistic assumptions, go watch CNBC

alex

dumb?
think about what you just said - "exponential GAINERS" - GAINERS means they are gaining exponentially - aka "going up a lot more than they go down" - so you stand to make more on them by going long then you do by shorting them
Think about it conversely - "the biggest exponential losers happen in bear markets" - so does that meant you'll make the most money by buying dips? - hell no - you could play that countertrend game but it's a lot harder to make money
just look at your last play - XTXI or whatever it was - it went up waaaayyyy more recently then it went down - HSNI too - you could've made like what $3-4 per share with a long trade as opposed to $1-2 on the short (thus far)
sure, i'll concede that you can make $ on shorts in bull markets, but by the very definition of a bull market, the bigger profits will be had with long trades ...don't be dumb yourself

Timothy Sykes

alex of course u can make more $ on the long side but thats not my specialty...if u researched, u'd know this....more importantly since theres more money to be made on the long side, u have more competition...i take the road less traveled and my winning percentage is better for it...trust me, my strategy is more well thought out than u could ever imagine

alex

okay, no reason to squabble over this point ... but you haven't answered the original question...are you really going to stick with mostly shorts even if we do go into a bull market in 09? ..

Timothy Sykes

YES, i made 20%+ each year 2003, 04, 05 on $1mil+ during the last bull market, i love shorting hyped up pieces o crap

LP

Tim,

If you made 20%+ in 2003 please share those results according to database it was really like 6% in 2003.

Cilantro Fund:
2003 6.059%
2004 20.356%
2005 23.559%
2006 -25.827%
2007 -11.416%

LP

Alex,

It appears that during the transition into the last bull market Tim returned 6% on the year.

Timothy Sykes

LP...do some research man, god some of u people are such idiots...do i have to tell each and every one of u illiterates SOBs to read my book and see that i was down 25% on in 2003 due to my lack of discipline and my positive 6% return on the year was a huge comeback due to my strategy being niiiice.

Europe on My Cash

Now I know why you don't trade much. sell Dvd's, screw the consumer, and spend our money without becoming a better trader. This business model is fine for douchebags, and all it does is have everyone saying you were a douche forever. good luck with that, douche.

Timothy Sykes

no idiot, i trade as much as the setups tell me to...i can do it from anywhere in the world...but of course the DVDs tech people to do this on their own so eventually they wont even need me! u haters are dumber than a penny stock investor!

LP

Tim,

So you made 20%+ in 2003 after you lost 25%. Thanks for the clarification. Sphincter says what?

Timothy Sykes

my trading has never been perfect, thats not the point...i lost 25% based on my own shortcomings when the opportunities in the market were there...made 20%+ on more opportunities...plenty of pennystocking opportunities in bull markets as u'll learn over the coming years, thus crucifying my critics

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Start Here

Who Is Timothy Sykes And Why Should I Care?

See Tim's full bio HERE. Tim turned a few thousand dollars into a few million by taking small gains time after time on hundreds of volatile penny stocks, discovering that his trading strategy, while consistently successful, works best for those with smaller accounts.

Determined to teach others this PennyStocking trading strategy (learn more HERE), he went back to his original $12,415 roots (already $58,000+ even though the stock market has crashed) to show everyone how to turn thousands into millions, even while having a life (somewhat) and making plenty of mistakes. Currently he is the #1 ranked trader out of 25,000+ on Covestor)

How Can I Consistently Make Money In The Stock Market?

Hard work, Determination and Know How.

Hard work to learn how the greatly misunderstood niche of penny stocks provides opportunities every now and then on which you should pounce.

Determination to seek those probable profits out and know how in order to actually profit from them.

Long story short, wait for stocks that are extremely volatile - for whatever reason - and then aim to take small profits (between 10 and 50% within a few hours, days or weeks) here and there, either from betting on higher or lower prices (yes, you can make $ betting on lower prices, it's called Shortstocking (learn more HERE).

Why Penny Stocks?

As Tim explains in several ALL-NEW instructional DVDs (see them HERE) and in over 2000+ blog posts, penny stocks are the most hyped and corrupt niche in the entire investment world. These two qualities make them the easiest to profit from (legally) because the vast majority of people who play penny stocks are suckers and all-around ignorant people. If you have any intelligence whatsoever, you have a clear advantage and it's like playing basketball against mental midgets.

Where Do You Find Stocks To Trade?

This is the #1 FAQ (see more HERE) and it is answered in THIS instructional DVD.

Of course, that's just a brief introduction - to receive a full education, there is Tim's book An American Hedge Fund which is the story of his remarkable rise and lessons learned.

To truly increase your odds at profit, Tim has designed an entire set of detailed instructional DVDs, covering all the variables that amount to over 24 hours of instruction (see them all HERE)!

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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%)