Big Picture Barry Ritholtz Gives A Damn Fine Interview

I give the guy crap because he covers the most popular topics du jour, hasn’t been returning my emails as of late and for some unknown reason, still hasn’t received the copy of my book I’ve now sent him multiple times, but Big Picture Barry Ritholz is not only the world’s top investment blogger, he’s also 100% dead on about the blogging world and Adsense in this Yahoo! Tech Ticker Interview:

Key takeaways: Blogging success comes from being a hard ass, being opinionated and clearly expressing your points

Bloggers don’t have to be objective, we’re not journalists!

Financial journalism is a joke—journalism majors just report the news as they’re told, they don’t realize business/finance news can be skewed

I really gotta press home this last point, you should only listen to people who have continually proven their abilities to make money in the markets, their opinions matter, you can learn from the way they view the world, not the lemmings who report simply for a paycheck

Posted in Blogging, Interviews

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  • Al

    Tim,

    SCON – what do you think, possible super nova forming?

  • Al

    Tim,
    I’m way off

  • Mike

    Is the “Sykes pattern” the same thing as a “super nova”?

  • timsykes

    Al, great find on SCON, its got a ways to go before being a supernova, but its a nice momentum play.

    Sykes pattern, supernova, yes, all the same, big microcrap runup on hype, fading volume, big rundown, simple

  • Alex

    Tim,
    How do you do your advertising, if not AdSense.

    Also, check out ARTX…third up day in a row, up about 50% over past 2 weeks, although it’s illiquid.

    My guess is you traded SOLF today.

    Alex

  • http://www.stockpursuit.com Mark

    tremendous move in GLOB.ob these past few days. 22% today. probably going to crack today?

  • Tony Ellis

    ASTI

  • timsykes

    do lots of advertising, adsense and direct, see options here:

    http://www.timothysykes.com/advertise/

    ASTI perfect crack of sideways price action, damn i wish i could trade more today :(

  • timsykes

    right on TE, u beat my post by 30 sec!

  • Davey

    Tim,

    Couldn’t get any REED to short so I got in on ASTI on the crack below 15.50 thanks for the heads up

  • Max

    conundrum:
    short bpax @ 4.70 – should I take profits now at 4.33ish or hold till monday?

  • http://www.glguideservice.com Jeff C

    Watching ARTX, GLOB has a ways to go maybe, COT had an ANALyst upgrade that shot it up with the John Q Public’s, whats the consensus on these? QBIK and SYBD have reversed nicely today too…….

  • http://www.glguideservice.com Jeff C

    Anyone ride HALO down too? :)

  • Max

    well I just took my profit at $4.50

    I guess I realize now that if I feel I want a second opinion on taking profit… I should just take it and run

    lesson learned, and fortunately it was a profitable lesson…

  • Jason R.

    Max, good trade!…You never loose taking profits in this market.

  • Tony Ellis

    AKNS nice 5k bid @ 7.8 ah. Anyone want to short into it?

  • http://www.timothysykes.com timothysykes

    Since I’ll be speaking at Blogworld in Vegas August 15-17, gotta have a PennyStocking full day workshop too on October 18th, probly at MGM again like last year… who’s in! cost will be $497 for a full day including breakfast and lunch…will have official signup sheet next week, but just curious as to how any of u wanna do this

  • http://www.kabam.com tbohen

    I would seriously consider it, I was bummed I didn’t make it to the one last year, put me down as a strong maybe at this point.

  • parabol64

    Tim – would you consider shorting a morning spike, or wait for proper fading on FRZ?

  • Chris

    lol, Tim why do you hate me! I rarely see my profits posted in the daily gains :)

  • Sillyguy

    RTK + $90

  • TerranFirebat

    $100ish tim profit frz panic thanks tim!

  • parabol64

    FRZ – was risky but shorted a small position of 300 @4.4 covered @4.17 for around ~$60. Might reshort later if it fades properly.

  • TerranFirebat

    para: i think differently. Having been on the wrong side of a long position too many times I know that when I see red like that it scares the daylights out of longs. Forget the limit order, I just put a market order in lol. market order to cover too when it bounced.

  • parabol64

    I didnt cover the first time it hit 4.12 though, and watched it climb up to break-even levels. Had it turned green I’d covered, gladly I was patient and covered when it was close the day’s low.

    I suppose there’s some predictability in morning panics too; Tim prefers to be in the day before though, to guarantee a good entry. However, with Tim’s strategy there’s always the risk that the morning panic won’t happen. In which case shoring into a morning panic is more even less risky cause you have confirmation? You just have to be quick.

  • Sillyguy

    Make that RTK +$150 (couldn’t trade yesterday)

  • parabol64

    FRZ destroyed.

  • wakeboarder

    Still down a ton from OHB, but made back 25% of it on FRZ… +$637

  • http://www.kabam.com tbohen

    Shorted $FOH for the fuck of it because it was on my list and my alert went off, IB only had 400 frickin’ shares, I’m up fitty bucks bitches!!! :)

    It sucks when your trading plan works but you can’t get shit for shares….

  • Sillyguy

    Up $245 after costs today.

  • jchahboune

    FRZ is squeezing beautifully. Short it if it can’t go green on the day? The odds are against any Red to Green action.

  • jchahboune

    shorted 1500 shares of edap at 4.10.

  • jchahboune

    covered for 345 loss, damn!

  • asparmar

    +100 on shorting AXL, but lost 60 on EDAP.

  • preston

    Is there a possibility of a double top forming in $FRZ.