UPDATE: As PennyStocking Silver subscribers and TIMalert subscribers know I NAILED Willow Creek Enterprises Inc (WLOCD) as the next stock to drop 50%+ in one day…predicted with this report 10 days before the big drop happened so everyone had plentyyyyy of time to prepare and get short…EXACTLY like NXTH HHWW EMGE AENY MSEH SPNG CPOW CPMCF GRYO on and on and on and on did…except this time I actually timed my short well and banked over $30,000 in profits on just a $60,000 position in one day…see the trade and get excited for the upcoming blog post detailing it all with full lessons because as you can see only one of my other students really banked like I did and considering I have 1,000+ subscribers of my 4 newsletters, that’s not acceptable to me as a teacher…I expect more out of all you and I think the solution is I really promote my DVDs more since this exact pattern is explained at length in PennyStocking Part Deux, TIMraw, TIMtactics, TIMfundamentals Part Deux and my new Vegas seminar DVD package “The New Rules Of PennyStocking”…you gotta study them!
I don’t like making market predictions — see my predictions for 2010, pretty much all of which came true — so this is more my praying for a bear market to come soon because:
1. I’ll have an excuse to link to this above-average video more often:
2. Most of the consistently money losing financial media companies in this post will be goneeeee
3. Since those media companies will disappear, there will be infinitely less noise (this should be my #1 wish)
4. My performance has been pretty good, but in bull markets, I don’t look that special…when it comes to bear markets and I’m still making 50%+/year…well, then people might actually begin to understand what I do and teach is so good.
5. After too many years of a bull market, newbs everywhere are thinking they are experts, like this doofus who for a while was fortunate enough to have a solid teacher…c’mon: stop the insanity
6. I have been working non-stop for several years now…hopefully my business will die down a bit when everyone is depressed and I can finally get some sleep/get healthier!
7. Nothing like begin able to pick up solid assets and web properties on the cheap when everyone else is losing more $ (benefits of having a superior business model)
8. I can get more aggressive in my short selling which is always fun
9. All the bulls who look so smart now will get destroyed…and then we’ll see who is actually market smart 🙂
10. It’s fun to root for the underdog!
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