Joshua Hayes Big Wave Trading

 

Market Continues To Drift On Lower Volume; Why I Will Never Hold Your Hand

April 8, 2008

Thankfully someone who was completely VOID of any stock market knowledge has given me an idea to pen a piece that I think is very important for those of you who are actually serious about becoming a professional active investor. There is really nothing I can say about the market today that would mean or change anything from two-days ago. The only good news is that the put/call ratio closed at 1.07 which is pretty high for a dull market. NEVER SHORT A DULL MARKET.

I also want to thank EVERYONE who sent me very kind emails. I definitely appreciate all the uplifting words and comments you gave me. This has definitely helped me get back to full speed MUCH FASTER than it should.

There was ONE A-HOLE named Spruce who completely made a FULL ASS out of himself publicly in my chat room. But this jerk, just like Sandy/Wendy, was also rewarded with a lifetime ban.

I am still shocked, with my track record, that people simply can’t get it. Please, everyone don’t sign up if you can’t keep your mouth shut in the chat room for 30 days and learn on your own at first. I encourage this for a reason as newbies simply waste too much valuable time away from serious investors by asking kindergarten questions. The answers to these almost can ALWAYS be found on the FAQ page or forums. Also, I WILL NOT HOLD YOUR HAND into each trade. I already give you EVERY SINGLE personal buy and sell and do not charge enough to actually press the buy and sell button for you. This is what one member obviously wanted.

Aloha Spruce, you are a reminder of why I will not be doing this forever. People like you and Sandy/Wendy make me sick!!! Which is why I probably got sick. Good riddance to PURE!! rubbish. How inconsiderate can you be???

When we get a “real” bull market like 1999 and 2003 and you see those monster stocks show up in my “past big winners” section you are going to feel like a real jerk knowing that because you could NOT keep patient in a bad market to make a TON TON TON TON of money in a bull market. There are way too many people reading this that should STOP TRADING TODAY and should find a new hobby. Your heart is NOT in it. Your wallet is. I don’t need OR WANT your money. I don’t yearn for fame or stardom. I just want to make a lot of money by trading my beautiful chart patterns and make a SIGNIFICANT impact on others lives by allowing them to take FULL control of their finances.

How you could want me to tell YOU exactly what YOU should buy, how much, and EXACTLY when is FREAKING RIDICULOUS. I post every single buy and sell BEFORE I ENTER MY ORDERS. You probably place your orders from my ideas before I do. I also have a RT safe-CANSLIM portfolio in the forums that tells you EXACTLY how much of each position to buy and tells you EXACTLY how much to sell. How this moron Spruce could not put this to work is a shock to me and EVERYONE else in my chat room. To be told EXACTLY how much to buy and EXACTLY how much to sell and THEN ASK ME FOR A RT PORTFOLIO is shocking.

I do NOT want IDIOTS like Spruce on my site please. I LOVE DOING THIS and helping people but schmucks like that just make this not fun and if I wanted to not have fun I would run his money and take his phone calls and listen to his UGLY voice over the phone while he yelled at me for not doing good enough. I could be running his money and making money, or I could tell him exactly when and what to buy and sell (OH WAIT, I ALREADY DO THAT. Hmm…………..) and still watch him fail.

Folks, I moved to Maui to train someone (Dan H. who now works at the Westin Maui) on how to make HUGE money. Even when I was right there telling him what to do, he went behind my back and bought SUNW all the way down until the infamous day came when he walked in and showed me that his $400k plus was now worth less than $50k thanks to buying a falling knife on margin. So there I was telling him EXACTLY what to buy and when. He was right there with me. He knew what to do. Yet, he STILL failed!!!! It isn’t me, Spruce, it is you. You are a HARDCORE DONKEY.

One day, I will put a million to the side and open a RT portfolio with real money. But for now at 29 with no college and the cost of living that I have on Maui (do any of you who have never been here KNOW THAT IT IS THE MOST EXPENSIVE PLACE IN THE USA??????????????????—SHEESH, GET A LIFE AND DO SOME FREAKING RESEARCH WILL YA BEFORE OPENING YOUR MOUTH) I do not and will not have the resources to open a million dollar port (on the side).

And also, didn’t I just go to the hospital again? I think that makes three trips in one year and two in past 6 months. Thanks, Spruce! You are a real class act! Like I said, good riddance. The fact that I had a RT portfolio where I told YOU EXACTLY what to buy and sell and you still could not follow tells me how intelligent you are.

For those that want the RT port, remember it is going to be a while. If you want to be a brain dead monkey and NEVER learn how to take control of your financial future and yet want to piggy back, sure I will have a RT port later on. Just don’t think I am going to charge only $75 for it.

The DONKEY Spruce also said that “Rev has a port up for only $75.” Folks, I do NOT know how many times I must say this but IN THE STOCK MARKET, YOU GET WHAT YOU PAY FOR. If anyone is giving you his buy and sells exactly for only $75 that means that he is good but obviously the returns can’t be that great.

And even though Jim and Rev are the men (Jim–not so much more anymore), NEITHER ONE OF THEM HAS EVER HAD AS MANY HUGE WINNERS AS I HAVE WITH SUCH CONSISTENCY. My “past big winners” should say it all. Not only are those posted but the weekly performance wrap-up at the end of almost every weekend commentary should PROVE it also. Yet it doesn’t. Which is the reason I believe there really are too many people in this game that don’t belong here.

If you want black box services, there are black box systems out there called Gorilla trades, Veco Vest, and many others. Let me know how you did? Also if you want a RT port with my buys and sells, yet the Rev port did not help you, why do you think I will?

I AM GOING TO REPEAT THIS ONE MORE TIME FOR THOSE THAT STILL DO NOT KNOW: THIS WHOLE BLOG AND WEBSITE THAT WAS STARTED IN 2005 WAS A RESULT OF REVSHARK ASKING ME TO PARTNER. WHEN HE ASKED ME TO PARTNER, I KNEW SOMETHING WAS THERE AS IT WAS THE SECOND HIGH PRICED SERVICE (over $500) THAT ASKED ME TO COME ABOARD AS TEAM MEMBERS (FIRST WAS TOKYOJOE CHAT ROOM BACK IN 1998–SEOULJOE AND SECOND WAS SHARKINVESTING IN 2005). You may not know me but when PROFESSIONALS meet me they KNOW me. We can tell when someone is full of it and when someone is not. I AM NOT.

This is why before leaving NYC in 2000, I was asked to stay to run money and why in Chicago Dennis Z. from Chicago asked me to take over his funds valued at over $1,000,000,000. You may not have heard of me until this website but I have been offered some EXTREMELY lucrative jobs that I have TURNED DOWN because money is NOT what drives me. LIFESTYLE is what drives me. I am a stock-trading-shitty-surfer that loves the island lifestyle. That is me. Not a stock market hedge fund manager/investment manager. There is time for that later. For now, let me be 29 going on 13. I might not be alive tomorrow as NO man knows when his time is up. Since I believe in patterns, the pattern right now does not look forward to a bright future. So I want to have fun YET STILL HELP YOU NOW. Plus, if I was up in Chicago running that $1,000,000,000, how could I make an impact on everyones life? I couldn’t. This way I can touch everyone I come in contact with. Sometimes I touch something and don’t like it-like Spruce trees. I never was a big fan of them and definitely will never be again!

I don’t know how else I could still have paying members like Author, Vivek, and Daviscal from January 2006. Maybe you should talk to them in the forums or shoot them an email if you have questions. I sure didn’t know any of these people before I started and in fact Vivek was NEAR GIVING UP after a run with RevShark failed. Now vivek is on point, he has made a little money, but the most important thing is HE WILL NEVER GO BROKE EVER AGAIN. Not only that the next real bull market with real volume he will be ready to make a killing. His returns will beat RevSharks and Cramer, you can guarantee that. If you still have not studied my ‘past big winners,’ shame on you. Study the past and learn from the past to be ready for the future. Now that vivek has done that, he is ready.

I will be back later on with more details of why “hand holding” is A HORRIBLE IDEA and WRONG. Even though I have a realtime CANSLIM super-safe portfolio MADE FOR PEOPLE JUST LIKE SPRUCE (well not just like, Spruce is a JERK and could not follow the rules anyways). I told Spruce where to go and what to do and he STILL WANTED ME TO PUT A REALTIME MONEY portfolio on the site (does this JERK spruce not know that Rev has been around since 1995 and only put a RT LIVE eTrade port on his site in 2004????????????????????????????????). You moron, when I am 50 I will do that too!!!! But my returns are worth A LOT more than $75. LOL. Ridiculous I can have the track record I do and people still subscribe to cause trouble.

Folks, this is why most do not do this and this is why I will take over OPM and only give email alerts in the future. People like Spruce and Wendy/Sandy are HORRIBLE and I guess jealous (because there is NO reason with my track record and drive for helping people that they should challenge me). If you do not study my past or my website, I can NEVER help you. YOU MUST FIRST HELP YOURSELF and then, and ONLY then, can I help you. Amazing people like Spruce can’t see this.

The great news is that we have almost 200 members (I think it is only 193 or so though as a few have been kicked or did not renew) and I have only had to cancel five subscriptions out of 300 total since the paid site started. Still those five people always offer up lessons the good people never could.

I can lead you to water in a desert, show you the water, point your face to the water, then bring your head down to the water….but I can’t make you drink it!!!!! YOU HAVE TO DRINK IT.

But I have to be honest. I only want to lead you to the water, show you the water…and then YOU!!!! have to move YOUR!!!! head down and drink the water with YOU lapping it up with your tongue. I make it perfectly clear which stocks I LOVE!! If you can’t read between the lines that means you are NOT READY FOR THIS SITE. Once you learn to crawl, maybe then I can teach you to walk. But if your legs don’t work, how can I help you Spruce? I can’t. Go find a great mutual fund like CGM Focus and invest your money in there for the long term. I am not for people like you (ungrateful).

How you can only have 30 minutes a day, not know ANYTHING about CANSLIM, sign up during a bear market on 3/17/08 and expect HUGE winners makes you a FUCKING NUT!!!!!!!!! Spruce you are crazy. This is not 1999 or 2003. When it is again, a lot of us are going to make a TON TON TON TON TON of money. That is a given. The question is how much are you going to make? I think everyone here, who is in the same boat as me, knows how much. Go watch Rev’s RT port. I will be here giving the best stocks to the best traders that do their own work but needed some help finding the best.

Bear markets kill 75% of stocks so going long in a choppy or bear market is stupid to begin with. But to not study my past big winners, not use my forums, and then get upset because I don’t tell you exactly what to do is ridiculous, especially with me right out of the hospital. When the next bull market comes and the GENC and WSCI (went long both two days ago) start happening in our perfect charts left and right, we will be enjoying the gains while you are wondering “what should I buy?”

Spruce you almost turned a great day into a bad one but you turned that into an invaluable lesson for everyone else. Those who need their hands held WILL NEVER take control of THEIR!!! own financial future. I will have a RT portfolio in the future for people like you who SHUN the work that is REQUIRED!!! TO BE THE BEST!!! But for now my goal is to create people who can think for themselves and take control of their own future knowing that they will never have to rely on someone. Since you want to rely on someone, I will make sure I give that option to you one day, but you are going to pay for it. You have to be silly to see my past big winners see how steady they were and see my recent results with my shorts in the short term and longs from 2007 AND STILL QUESTION MY MOTIVE???????????!!!!!!!!!!!!!!!!!!!!! To that I say F-you Spruce. You are a true donkey. All of my readers have you to thank for this great little lesson/commentary.

Just like Sandy/Wendy, these people never stop. I read Rev and Jim’s blogs. The comments people leave there are beyond retarded. I am stunned by the lack of common sense out there in this world. I can only hope, God willing, something changes and more people come to realize that it is 1000000x better to learn how to fish than for me to hand you the fish. I am not trying to take your money for the rest of your life. If you want to pay for the service now for a lifetime of knowledge and wealth, then I am the right place to be. If you just want to be fed the fish, knowing that that fish producing company is going to go out of business shortly, then by all means join gorilla trades, vector vest, or any other black box system. Or just sign up for Rev, don’t use his site to learn like you should, and just piggy back his trades until the day you decide to stop paying attention to it, he sells it, and you hold it on the way down. Good luck with that methodology.

One more time, I want to thank everyone for their kind and warm emails. There is no doubt that your prayers and thoughts kept me well today even after waking up sick as can be. Today was a great day as I didn’t feel sick since 9AM. The prayers and good thoughts are much appreciated as my stomach and body was in a TON of pain. An abusive background, gun to the head, two major TC car accidents, my dad’s death at a young age, multiple sclerosis, upcoming thyroid surgery, and possible problems with my GI is no match for my determination and love of charts and the stock market. Spruce and Wendy can try all they want to keep me down but I will always keep looking up so that I may help you. If you can not appreciate that…STOP READING ME. This is getting old and tiring.

For those of you willing to do the hard work to take complete control of your finances, you have come to the right place. I can take you from the minor leagues to the major leagues. However, I can NOT and DO NOT want to take someone from DAY ONE to the major leagues. You are in the wrong place. Subscribe to IBD for a couple of years and then comeback OR ELSE keep your mouth shut for the first 30 days. Spruce broke this rule MORE THAN 10x. So THIS GUY DID NOT!!! EVEN READ THE RULES BEFORE JOINING. Oh well, at least he gave me something to write about tonight as the market provided me WITH NOTHING. :)

Aloha and I will see the serious investors tomorrow, in the chat room, like always. Not even a severe illness can keep me away from the stock market!

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