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TIMlerts peeps got this at 1am this morn:Still no perfect setups, took me a decade, but I’ve got patience….if you’re gonna be a successful PennyStocker, you better learn patience too cuz there just aren’t great setups every day for big 20%+ predictable moves.UAUA took a big intraday dive on bankruptcy rumors/misinformation, someone’s gonna pay for that screw up…good news is some TIMalert peeps shorted and covered fro quick profit..I didn’t even think about it, I hate rumors and fast dives, I prefer fades…much better for TIMalert subscribers too, don’t wanna go short at the bottom and then find the stock halted, only to reopen up $5+!FNM/FRE donwtrended then bounced a bit…people wondering why don’t play em don’t have my PennyStocking DVD. People, I play pump and dumps[More...]

That’s right, no more posting my watchlist right at the market open…only TIMalert subscribers will get access as I emailed/posted this on the TIMalerts.com subscribers-only website this morning at 1am…in addition, that site is also gonna have a subscriber[More...]

This post went out to TIMalert subscribers late last night and I’m short one of the stocks and up 3% so far….can you guess which one?Some decent potential plays today, but I’ve got a big TV appearance at 2pm in CT so I’ll be out for the day after 10:30am….suxxxxxx, but it can’t be helped.COIN/COINW I was early on with my TIMalert to short (detailed post coming)…was right for 25 cents/share of downside, but it surprisingly rebounded after it went negative on the day…probly cuz it wasn’t an afternoon fade, ‘twas still morning, shorts like me got squeezed…$150ish loss won’t keep me up at night—FYI my biggest gains ALWAYS came after my biggest losses cuz I used to always be early in my shorts….controlling losses—buying to cover before the market close so as not to risk morning squeeze today—that’s[More...]

When I was a investment grade corporate bond manager back in 2002, there were three “false starts” before the recovery began in earnest. The market started rallies in December 2001, August 2002, and October 2002. I remember them vividly, and I behaved l [More...]