VRNM, after a nice little 1-day runup on the BP deal, this thing tanked. I said don’t short it—it won’t be the first solid short I miss, I just stick to my rules and shorting contract winners is a no no since in my experience, the stocks usually act differently. I feel no regret whatsoever although some of you banked on this.
NOBL is my latest TIMalert winner, already up 8% since the email went out to TIMalert subscribers (click HERE to see what all the hype is about and become one!), I fully expect to take my profits today—although it’s not gonna be necessary since this really could be a multi-day runner. As I posted HERE last night…that’s my research, but more importantly today, there’s gonna be 2 kinds of price action (I’m guessing), spiking and fading. The sellers will no doubt eventually get organized, just as they did yesterday—for $1ish off its highs—but until they do, early shorts should feel a lot of pain cuz it could get craaaazy in the morning, just as it did yesterday when the surprising superior earnings were first announced. If you’re gonna short, wait til a wall of sellers shows up cuz until that happens, this thing could eat through sellers like warm butter and surge further than you think possible.
GERN is the latest breakout to fail and instead drop bigtime, news after the close yesterday means though it could rebound today and become a rare breakout-fakeout-rebound-breakout or a more common breakout-fakeout-rebound-fakeout play. Yes, follow along kids, these things are like bouncing balls on a wooden floor—just gotta pick the bounciest.
CHINA is breaking out too, but … [visit site to read more]
Did you like this article?
Submitted By 
's
