Let the records show (CRY) and (NOG) as Exhibits A and B, whose charts I’ve posted HERE and HERE, respectively. Both have gone in the direction I predicted—CRY higher on the breakout and NOG lower after going vertical—but I haven’t … Continue reading
Tag Archives: TIM Lessons
Why Low Priced Stocks Crush High Priced Ones aka I Love Frauds & Failures!
April 10, 2008 at 1:17 pm
by Timothy Sykes
5 Stocks In Play Right Now: Day Trading Charts For One And All!
April 10, 2008 at 8:51 am
by timothysykes
Yesterday I posted charts I was watching without commentary, thinking–or hoping–you guys were beginning to understand this game…other than 1-2 correct answers, the lot of you are still lost…tells me I’ve got a lot more work to do! That’s fine, … Continue reading
The Joke That Is Financial Commentary: Some Frauds, Morons, Comedians and Marketers You Should Beware Of
April 3, 2008 at 12:32 pm
by timothysykes
As bad as corporate management, brokers, and value investors are, financial commentators and journalists are some of the scariest monsters out there. Similarly, they pretend to ALWAYS know what they’re talking about, while NEVER disclosing their audited track records or … Continue reading
Sykes’ Saturday Seven: March 29th, 2008 Edition
March 29, 2008 at 11:51 am
by timothysykes
Gotta start this linkfest off with one of the best quotes I received all week: “I’m 150 pages into An American Hedge Fund already. Best trading book I’ve read since Reminiscences of a Stock Operator, something Tim’s book reminds me … Continue reading
Sykes' Saturday Seven: March 29th, 2008 Edition
March 29, 2008 at 11:51 am
by Timothy Sykes
Gotta start this linkfest off with one of the best quotes I received all week: “I’m 150 pages into An American Hedge Fund already. Best trading book I’ve read since Reminiscences of a Stock Operator, something Tim’s book reminds me … Continue reading
How To Short Sell Stocks: Why It’s So Important To Trade Scared And Use Protection
March 27, 2008 at 3:47 pm
by timothysykes
Early morning, reserved shares in 3 hard-to-borrow stocks, all multi-day runners, COIN, WSCI and REED. Since I typically do better with low priced stocks, I focused all my attention squarely on REED…mistake #1 (today’s only its 2nd big up day, … Continue reading
I Had A Rough Day aka No Playboy Centerfolds For Me :(
March 24, 2008 at 4:57 pm
by timothysykes
COIN’s $1 spike at the open makes me feel better about covering too early last week, gotta be careful with momo plays in this sneakily-emerging bull market. MALL and VVTV displayed the exact same kind of forced buying Thursday into … Continue reading
JPMorgan (JPM) To Buy Bear Stearns (BSC) For $10 Per Share!
March 24, 2008 at 12:05 am
by timothysykes
JPMorgan (JPM) in talks to quintuple the buyout price of Bear Stearns (BSC) from $2 to $10/share. Read the Marketwatch article HERE. Basically to shut up angry shareholders–including one very angry billionaire. I’m sure there’ll be updates… Remember how I … Continue reading
Yup, Even A $12 Loss Offers Important Trading Lessons
March 21, 2008 at 2:04 pm
by Timothy Sykes
Why bother detailing a $12 loss? Because every trade matters, the good, the bad and the scratches. Important lessons are everywhere… Shorting 400 COIN at $8.78 right before the market close on Wednesday turned out to be a good idea. … Continue reading
Damn All You People Who Contribute To Market Randomness!
March 18, 2008 at 1:09 pm
by timothysykes
Do you every wonder why EVERYONE in the finance world has an opinion on stocks like Bear Stearns (BSC)? Sure, sure, BSC is big time and their collapse could lead to others, the whole domino effect, but why do people … Continue reading