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http://timothysykes.com/2008/05/01/tim-6-month-review-earn-47-while-the-markets-drop-10-investopedia-should-revise-their-factually-inaccurate-dictionary/

Archive for the ‘graphs’ Category

TIM 6 Month Review: Earn 47% While The Markets Drop 10%

Tags: Financial Media Circus, Link Love, Milestones, Monthly Review, graphs

Yup, that’s right, tiny, loud mouthed, mistake-celebrating TIM just busted a cap in the ass of the joke that is the financial industry by implementing my own brand of PennyStocking, or short selling View definition in a new window penny stocks, a niche that’s supposedly random/akin to gambling and according to Forbes’ oh so popular Investopedia, in their definition of short selling, impossible to short sell! Screw them, the graph below says it all:

Maybe in the future more attention will be paid to this accurate definition of short selling View definition in a new window—written by somebody who’s made millions from this strategy instead of some wannabe who’s just the latest journalist joker…you guys remember Sri, the theater major over at CNBC (fired yet?) and TheStreet.com guy who wrote about a product the company had already sold (fired yet?)! How could we forget—after all, their jokes have been very profitable for me and my readers.

Sorry, I digress—my blood is boiling from the amount of misinformation out there—this is a time for celebration and review. After all, while I made plenty of mistakes, a 47% return in 6 months is something to be proud of. So, take a look at all the most important posts during this journey, I promise, no matter what Investopedia says, this strategy is alive and well, legal and learnable (and to you haters, just wait until you see what I can do when I no longer have to deal with the pattern day trader rules, I plan my speaking schedule better and I’m not building a revolutionary new website…when TIM reaches $100k, it’s gonna be damn fun shutting you up as I make $50k+ in 6 months):

Successes:

Shorting Into A Factually Inaccurate Article

How I Made An 8% Return Before Lunch

How I Made 25% Just By Holding A Distinct Pattern Overnight

Why My Strategy Works Even For Stupid People

God, I Love Short Selling Penny Stocks!

Redemption Trade

Failures:

A Truly Amateur Trade  

The Latest Reason To Choose Technical Analysis Over Fundamental Analysis

Tags: DVD, graphs

On Wednesday, it took me about 15 minutes to recognize and write about (VISN) breaking out to new highs, suggesting higher highs. And, last night, I spent a few minutes scanning through all my stock charts—not because I don’t care, but because I’ve been doing it for a decade so I know exactly what to look for—it’s easy…that’s why I mentioned RDTA in this morning’s pre-market post—it was a perfect perfect breakout, suggesting higher highs.  

First Quarter 2008 Review: Earn 21% Every 3 Months And You’ll Live A Happy Life

Tags: DVD, Fess Up Time, Funny Links, Good Trades, Link Love, Quarterly Review, Short Selling, TIM Lessons, graphs

Coming off my best week since I started TIM 5+ months ago ($900-ish profits), it’s good to review past successes and mistakes. Without further ado, I give you the first quarter of 2008 in a nutshell, where TIM used small account size–finishing at $17,388–combined with PennyStocking to thoroughly dominate the performance of ALL major indexes, even while making tons of mistakes. Follow along and learn to do the same…already 5% higher in April and I’m just getting warmed up…

Successes:

How I Made An 8% Return Before Lunch

How I Made 25% Just By Holding A Distinct Pattern Overnight

How I Made 8% In One Morning, Leaving 40%+ On The Table One Day Later

Why My Strategy Works Even For Stupid People

God, I Love Short Selling Penny Stocks!  

Timometer

UPDATES

May 16, 2008

10 stocks to watch today

PDO already up $1.25, sux I'll be away all morning workin' on TIMtv, got 500 shares reserved to short if need be this afternoon

Also reserved 3,000 FORC and KYUS for potential shorts

May 15, 2008

Yup, by next Monday, everything's gonna be real working-like!

May 15, 2008

PDO, up $4+ today, will teach you not to randomly short strong penny stocks, get in, get out then run...cuz sometimes they squeeze stubborn shorts to death!

May 15, 2008

No ideal short plays today, check out these 2 interviews while we wait for price action perfection

I wish I'd listened to my own rulebook, instead got squeezed for $400 shorting blatant-fraud KYUS too early...someone needs a refresher course this weekend!

I nailed NCOC's 20% rise today in my pre-market post, but I was too biased against buying little breakouts, learn from my mistakes!

TIMtrades

Learn from my successes, learn from my failures, learn from TIM. Learn more HERE.

Date Stock Buy Sell Net
May 12 CNEX $7.20 $6.00 $740
May 7 VRML $3.05 $3.75 $890
May 6 VRML $4.42 $4.36 $180
May 5 LGDI $4.42 $4.67 $353
May 2 VM $3.97 $4.01 $12

Total: $18,590 ( 50% )

TIMreads

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