CHATROOM

How The Best Stock Chart In 2009 Played Out

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Remember this chart?

I know, I know, it’s a typical Supernova, as outlined in my original PennyStocking DVD, so anybody whose watched already knows the outcome, but for everyone else, see how it played out:

It’s kinda funny there was soooo much confusion on various message boards, people really don’t understand that this specific pattern made me a millionaire. Ah well, there weren’t ANY shares to short, we’ll just have to wait for the next one to come around…and hopefully by then a few more people will have seen my testimonialed-to-death instructional DVDs so they can actually profit from this!

Posted in Supernovas

  • http://www.sportspicks365.com HopeSolo

    Tim: You’re telling me you would have shorted something 100+? With your account here $43,422k, I highly doubt it.

  • http://test.timothysykes.com Timothy Sykes

    of course i would have, it fits my supernova pattern to a T…100 shares x $30-40 in predictable price drop is fine by me

  • HopeSolo

    I’m just saying, that would have put you at 10K, nearly 1/4th of your portfolio in one position, something I’ve heard you say time and time again not to do and you don’t want your students to do. And as volatile as that puppy was moving in that range, if you got in at $100, it could have easily bounced to $120 (in actuality, it did… twice) I have a feeling you would have covered for a small loss, to make sure it didn’t turn into a big loss.

  • http://test.timothysykes.com Timothy Sykes

    uhhhh i ALWAYS use 1/4 of my potfolio on 1 play, just cut losses very quickly…ideal entry, as i was talking about in one-on-one coaching the other day would be to short into the afternoon fade after it took out support at $80, cover next morning into panic at $35-$40, easy, u really need to watch one of my DVDs dude, otherwise u’re just guessing as to how i play stocks:

    http://www.test.timothysykes.com/store

  • Gee

    No MM’s, no float, no way to short. A broken ETN that is to be delisted and or dilluted that also has a call feature. Waste of everyone’s time/money.

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