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COIN breaking down just as I predicted. go ahead and rant, all i care about is making money

i guess i made a mistake, oh well. perhaps it's better you don't agree with this strategy? hm

yes, that's right. these stocks are somewhat hard to borrow, i don't feel the need to show you which broker i use so you can horde in on the share supply. COIN is not a day trade, based on what i've seen and read, this could be an important breakdown so i'm looking to take $1 to $2/share in...

looking very good already, up 20 cents per share, my bet is it cracks through support, but it's not tim's ideal kind of trade because it hasn't broken support yet. oh well, let's roll the dice!

shorted 2,000 COIN at $8.25

you're dreaming if you think i'm going show you my account information. i don't need to prove anything, this is simply a journal to record my trades for my own personal use. out of my main 3 plays today, MXC is halted, PDO already dipped and COIN, which i'll probably short 2,000 shares if it...

whoops, MXC halted, i guess i might not get to short it at these prices after all

Uh, another horrible morning meeting, when will they ever end? today i'm watching PDO and MXC for potential afternoon fades. even though tim says don't touch them, i just don't see how much higher they can go

you guys really need to see tim's dvd/blog because he addresses each of those concerns. i'm by no means an expert and i don't really want to speak out of turn, but i will say the liquidity hasn't been a problem for me because i'm only trading penny stocks when they are "in play". KYUS traded...

there was no exaggeration, this journal is for my personal use too. but like tim, i don't use stop losses, instead i aim to watch every trade. if the stock does not breakdown like i expect, i will cover immediately, depending on the price action, i might or might not be aggressive in my...

i posted my trade in real-time, or as close as i could and i'll continue doing that. you go on ignore now because i see there's no satisfying you

tim's whole post is about how he didn't have the patience to wait for today and depsite yesterday's loss, he made a good trade today along with the rest of us. and cabletrader, there are many partial fills in these stocks, my sell order was executed at $2.57, $2.55, $2.53, $2.51 and $2.50...

for the last time, i'm not tim, scroll down to the bottom of his latest blog post, i actually did better than him! (sorry tim) lol http://timothysykes.com/2008/05/16/the-right-wrong-way-to-short-sell-a-fraud-like-kentucky-usa-energy-inc-kyus/ seriously last time, please just quit it already

thanks! glad to see you're willing to give me a chance, thanks for those charts

you have got to be kidding me! i posted this at 2:32pm, about 2 minutes after my execution. i posted my exit at 3:14pm about 1 minute after my exit. take a look at this chart and see how much of a liar bob is...

covered at $2.35, don't want to get greedy, now up over $6k in 3 weeks, account is at $31,043. loving life right now as this is just play money for me. have a greet weekend everybody!

KYUS is breaking down perfectly, already up $1,000+ on my short cabletrader, how's that for realtime posting?

short 5,500 KYUS at $2.53, i got the price action i wanted, now it should fade and possibly plummet on monday

i've done one trade so far that moved too quickly for me to post. try to deal with it. and yes, i will give credit where credit is due. like tim, i've reserved shares of KYUS to short today. doesn't mean i'm going to short it, instead i wait for the "afternoon fade" pattern to appear

no, the focus isn't on predicting breakouts, tim's strategy is to wait until a big move has already occurred. PDO just started its move. and i posted about CNEX 1-2 days before the big drop: http://www.elitetrader.com/vb/showthread.php?s=&postid=1917930#post1917930 and my VRML short was...