People ask me how many hours should they spend trading and researching each day and I think many are surprised with my answer: it depends on your personality, trading style and how much you wanna make. For some people it takes a few minutes, some take hours—me, I usually spend a few hours/day researching, but mostly for writing/blogging/teaching purposes as that’s my main source of fulfillment. Yup, superficial rags like Traitor Monthly and sites filled with the 95% of traders who lose $ will never understand, but it’s more gratifying to see messages like Mike making $14,000 in one day using my strategies, making my day with his followup comment “I’m no expert, since finding you I’m a “Timpert”. Never shorted successfully till you came along and turned on the lightbulb!

To business: yesterday I missed a ton of great plays due to filming all day for a special multi-hour marathon LiveStock this Friday…more details coming later today.

Here are some potential short opportunities (remember many could also be good longs before they start exhibiting the classic fade/drop signs we’ve been discussing here for months):

CSY is a total piece of crap picked by Superman HERE…yes, its got fundamentals, blah blah blah, but don’t give me this under the radar crap, it’s a classically sketchy Chinese company where you KNOW there’s something shady going on, as there is with most Chinese companies, might take months or years to uncover it…that said you don’t short a strong stock just for the fun of it (Superman is that stock right now, passing his powers onto whatever turd he touches) as you’re bound to get squeezed and this chart is eerily similar to his other pick NTI, especially with the low float/volume so sure, $20, why not, let it run, maybe even buy it if you’ve got balls, you know he won’t stop talking it up for a few days and chances are early shorts who don’t read my blog are gonna get squeeeeezed like this fine juice I’m drinkin’ right now

HYHY Let the spammer run, let the spammer run…should be a song …

LAUD is a great spammer breaking out, reserve shares and wait for the dip that signals an avalanche

ROYL was such a pretty short, it makes me wanna cry…now missing this one due to filming is something with which I gotta live with…what’s your excuse?

SQNM you friggin Neanderthals, I don’t wanna hear, “I couldn’t help myself, I had to short”…look back at its two previous spikes and see it aint gonna go down quickly and whats more, patterns evolve so there’s less of a chance of a big dip…oh yeah and it’s not a pup and dump, it’s up on positive fundamental news!!!…all you’re doing is scalping and that’s just bad risk-reward-wise…friggin trading addicts, I’m trying to save you fro having to repeat my mistakes, I guess you’ll just have to make ‘em yourself though

SLAT is one I asked yesterday how much longer it could sustain and while I reserved shares to short, trading fro a train station didn’t work very well and I didn’t get executed. Now shorters, look at its history, this ain’t no SQNM, this is the pattern/variables you do want to short again and again!

SURG was an earnings pop good for scalping both ways cuz it moved so much from the open…newbie shorts mighta made $ this time, 25 cents/share wooo hoooo, pathetic, but with this pattern 6 or 7 times outta 10 they’d get squeezed, again bad risk-reward, wait for early shorts to get really squeezed, especially since it’s a bottomer

CRDC is beautifully strong long momentum, anybody who didn’t get that needs to have their eyes examine, thanks to Mike for being the eye doctor for too many of those whose prescriptions have expired

FORC is an awesome spammer, let it do its thing

PTEK looks to break $4.50, but volume sucks and there looks to be limited downside to $4, at best…I hope shorts get squeeeeeezed