Sent to TIMalert subscribers early AM:
This is a great market for PennyStocking and the tons of great setups every day should be taken advantage of…sure, I made $1k the past 2 days, but have missed the boat on too many cuz I’ve got too much going on with my new DVDs, getting everything set for Vegas (November 19-23, I’ve got a booth at the Trading Expo & seminar, come on down!)…it’s pathetic I’m not up at least $5k.
Good news with this strategy, even if you screw up as I have, you don’t lose $, it’s just opportunity lost. Just about a billion times better than any of thee other “investment strategies” down 30-50% on the year
Here are today’s potential plays, maybe I can finally make a live trade on LiveStock today 1-2PM EST!
AEL had a $2+ morning spike then tanked $1/share, I prefer waiting for multi-day setups
BLUS up 76% yesterday, mostly in the last hour, I’ll look to short if it’s a multi-day swing
CGYV surged from $1 to $2 in 3 days, then won a contract, first down day, support at $1.75, then it could go to $1.50, not enough downside for me.
CNO had its first up day, already $1/share off its highs, great for those of you who have time, setup some screens, pick these suckers up, I’ll always miss em because I want multi-day runups (remember since I’m such a bad timer, I want other shorts to be squeezed ahead of me, not risk myself getting squeezed)
CVI was the only that made me $500+ yesterday, finally cracked the almighty $4.80 level, yes, it really is that easy, afterwards we tanked to $the $4.30 area and I covered because I have too much to do…today I wouldn’t be surprised to see under $4, but remember, this is a weird stock and they did report decent earnings so this drop could just be market related…and the market’s opening up today…in short, never be scared to take a profit, glad I finally made $ on this after watching it for so long, now its dead to me, next!
DUSA had a strong first up day, watching for more strength, pleaseeeee
MECA I closed my short out at $3.65ish, what a little bitch I am, closed at $2.80ish, so I made $500ish and left about $1700 in easy profit—and today it probly goes down more—on the table…absolutely pathetic…now you guys have gotta be able to do better!
NGA $3 to $5 on the runup so far, support at $4 means I need more strength to interest me in shorting
RZ crumbled 11%, I bring it up to rub in how bad I suck for missing it.
SNMX has a horrific chart, first up day, watching for potential short.
SPAR finally tanked, missed this one too, idiot, low for the dya was $4.09, if that gets taken out, then $4, stop losses probly there, then we’re look iat the mid to high $3s, could be a good short today as yesterday was only its first down day.
BEE has now fallen $2/share off its $5 high, it is absolutely unacceptable for me to miss this one…unacceptable
THRM $1.75 to $3+, are you thinking what I’m thinking?
VHI crumbled a bit too, but not as much, I don’t regret missing this one.
VTIV is an earnings play, no thanks.
Posted in Potential Plays