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What A Difference Four Days Makes
By: Joshua Hayes   Thursday, June 12, 2008 9:51 AM
Symbols: ACM, AFSI, BAC, BKE, BLL, BRKR, BSC, BYI, DGLY, ESEA, FALC, INXI, JPM, LEH, OIIM, RICK, SNDA, TESO

I first purchased PDO on 5/9 for a 125% gain to now. 125% gain in one month compared to NAILING THE BOTTOM!!!! and buying LEH and getting that rewarding 45% LOSS.

Never listen to these jerks that tell you you have to buy the absolute top or bottom. Those that bought LEH and are sitting on that 45% loss not only nailed the bottom but nailed their butt to the floor as their money is locked up failing to take advantage of stocks like MXC which ran 360% from 5/9 to 5/21. So instead of NAILING the bottom and buying all those banks like BAC and LEH, my dumb ass waited to buy other stocks like DGLY and PDO that would end up being leaders in their respective industry. Stupid me and those silly facts.

Looks like too many took this Maui “boy” for granted. NEVER BOTTOM FISH. DO NOT GO LONG THIS MARKET. WAIT FOR A REAL FOLLOW-THROUGH DAY. AND WAIT FOR THOSE PERFECT CHARTS TO SHOW UP AGAIN. If you don’t know what a perfect chart looks like, why don’t you take the time to go through ALL of my ‘Past Big Winners.’ What do you have to lose besides a lot of money. Why not make a LOT of money and learn what has worked today, yesterday, what worked in 1880, and what will work in 2080.

This market may have turned from positive to ugly in a VERY QUICK FASION but at least we can identify it, lock in our gains, miss the losses, and then get long the next group of leaders that build charts that looked like DGLY did on 4/16 and 4/17. It is sad that it did not run like this pattern should have (it should be up 50-75% by now, instead of 20-25%). Be careful out there and realize all you need is one GREAT year to change your life. We need to beat the market year-in-and-year-out but we do not have to kill it. The only time you have to “KILL IT” is during years like 1999 and 2003. Those are the years you COULD get a 1000% return and that, of course, will change your life forever. If you don’t think a return like that is possible, one more time, I am going to refer you to my ‘Past Big Winners.’ These patterns will show up again. There is no guarantee that the next time they show up they will work but the next time they do show up and work I will make sure that when it is over I am very rich.


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