April 25, 2012

Charts of Interest

        IBD has moved its current out look from market in correction to market in confirmed uptrend. On April 23rd, volume was above average on the SPY and just average the two days following. Somewhat of a double bottom put in, although I typically prefer to see the the second bottom under cut the first. The QQQ back above it's 50d today on above average volume.
        I have been checking Earnings.Com and Yahoo Earnings Calendar for earnings dates and like most will be out of positions long or short prior to announcements.

April 24, 2012

16 Harsh Truths that Make Us Stronger

It takes more courage to reveal insecurities than to hide them, more strength to relate to people than to dominate them, more manhood (or womanhood) to abide by thought-out principles rather than blind reflex. Toughness is in the soul and spirit, not in muscles and an immature mind.

- Alex Karras
  1. Life is not easy. – Hard work makes people lucky – it’s the stuff that brings dreams to reality.  So start every morning ready to run farther than you did yesterday and fight harder than you ever have before.  (Read The Road Less Traveled.)
  2. You will fail sometimes.  – The faster you accept this, the faster you can get on with being brilliant.  You’ll never be 100% sure it will work, but you can always be 100% sure doing nothing won’t work.  So get out there and do something!  Either you succeed or you learn a vital lesson.  Win – Win.
  3. Right now, there’s a lot you don’t know. – The day you stop learning is the day you stop living.  Embrace new information, think about it and use it to advance yourself.
  4. There may not be a tomorrow. – Not for everyone.  Right now, someone on Earth is planning something for tomorrow without realizing they’re going to die today.  This is sad but true.  So spend your time wisely today and pause long enough to appreciate it.
  5. There’s a lot you can’t control. – Wasting your time, talent and emotional energy on things that are beyond your control is a recipe for frustration, misery and stagnation.  Invest your energy in the things you can control.
  6. Information is not true knowledge. – Knowledge comes from experience.  You can discuss a task a hundred times, but these discussions will only give you a philosophical understanding.  You must experience a task firsthand to truly know it.
  7. You can’t be successful without providing value. – Don’t waste your time trying to be successful, spend your time creating value.  When you’re valuable to the world around you, you will be successful.  (ReadLinchpin: Are You Indispensable?)
  8. Someone else will always have more than you.  – Whether it’s money, friends or magic beans that you’re collecting, there will always be someone who has more than you.  But remember, it’s not how many you have, it’s how passionate you are about collecting them.  It’s all about the journey.
  9. You can’t change the past. – As Maria Robinson once said, “Nobody can go back and start a new beginning, but anyone can start today and make a new ending.”  You can’t change what happened, but you can change how you react to it.
  10. The only person who can make you happy is you. – The root of your happiness comes from your relationship with yourself.  Sure external entities can have fleeting effects on your mood, but in the long run nothing matters more than how you feel about who you are on the inside.
  11. There will always be people who don’t like you. – You can’t be everything to everyone.  No matter what you do, there will always be someone who thinks differently.  So concentrate on doing what you know in your heart is right.  What others think and say about you isn’t all that important.  What is important is how you feel about yourself.
  12. You won’t always get what you want. – As Mick Jagger once said, “You can’t always get what you want, but if you try sometimes you might find you get what you need.”  Look around.  Appreciate the things you have right now.  Many people aren’t so lucky.
  13. In life, you get what you put in. – If you want love, give love.  If you want friends, be friendly.  If you want money, provide value.  It really is this simple.  (Read The Four Agreements.)
  14. Good friends will come and go. – Most of your high school friends won’t be a part of your college life.  Most of your college friends won’t be a part of your 20-something professional life.  Most of your 20-something friends won’t be there when your spouse and you bring your second child into the world.  But some friends will stick.  And it’s these friends – the ones who transcend time with you – who matter.
  15. Doing the same exact thing every day hinders self growth. – If you keep doing what you’re doing, you’ll keep getting what you’re getting.  Growth happens when you change things – when you try new things – when you stretch beyond your comfort zone.
  16. You will never feel 100% ready for something new. – Nobody ever feels 100% ready when an opportunity arises.  Because most great opportunities in life force us to grow beyond our comfort zones, which means you won’t feel totally comfortable or ready for it.
And remember, trying to be someone else is a waste of the person you are.  Strength comes from being comfortable in your own skin.
Written By: Marc

Charts Of Interest

          Not looking for Long entries right now, but just paying attention to names that are holding up well.

April 20, 2012

5 Ways To Destroy The Illusion Of Fear

1) Feel the fear and do it anyway

You might remember this title from the best selling book by Dr Susan Jeffers. In her book, Dr Jeffers talks about developing assertiveness and challenging our negative thought patterns. She also talks about how we can extend our comfort zone by taking risks. The message to be learned then is that the only way we can overcome our fears is by confronting them. Put your fear aside, and just do it.

2) Go beyond reason

I recently watched the film ‘Extremely Loud and Incredibly Close’. Following the movie, I was researching the events of 911 on the Internet, and I came across an article listing accounts of several people who were delayed on that fateful day. People lost their car keys, others were caught in traffic, one woman was late for work because she forgot to set her alarm, another man got stuck on the freeway because of an accident … the stories are endless.
Sometimes we’re not aware of the master plan, the grand design and it isn’t until some time has passed, when we reflect back, we possess an understanding of why we met someone, why we missed that train or that an unforeseen obstacle or delay was in fact a blessing in disguise or the universe conspiring. Call it destiny, serendipity but regardless, remember, there is always a reason why things happened, even if we’re not aware of it at the time.

3) Too little, too late

Eight years ago my father was diagnosed with reflux. After a further year with no resolve, he decided to seek a second opinion. However, it was too late, the doctor diagnosed him with liver cancer which was in the advanced stages, and he was given 2 months to live. That was in November of 2004, by January the following year, he had passed. When my sisters and I were sorting through his papers, we came across a visa application for Burma. My father had left hishome town 35 years ago and had always vowed to return. Have you heard the expression ‘too late she cried’? If my father had sought a second opinion sooner or not waited 35 years to return to Burma, perhaps this story would have a different ending. That holiday you’ve never had, the language class you never enrolled in, the friend you never made amends with, don’t find yourself saying, ‘I always wanted to … ‘ instead, write your bucket list and start planning your goals.

4) Regrets

If you ever speak to those that are somewhat older and wiser, they will tell you that, in life, we usually regret the things we didn’t do, rather than the things we did. If you spend your life procrastinating, you will never know the outcome. And remember, no result is a negative one. It’s what you make of your experiences, every moment, every encounter shapes you, bringing you to the point in your life, you’re at now. A wise man once said,
“Many of us crucify ourselves between two thieves – regret for the past and fear of the future.”

5) Finding Obstacles

How many times have you found yourself making an excuse for why you haven’t done something? ‘It’s too hard … I’m too tired … I haven’t got time?’ Does that sound familiar? We are all perpetrators of that mind set at one time or another in our lives, however, successful people invest the time and effort even when they don’t feel like it. Successful people do things the things that others find difficult. They take calculated risks, they are accountable for their actions, they have initiative are motivated, passionate and encourage others. They weren’t born successful or ‘lucky’, they achieved their goals through determination, hard work and by being fearless, they have courage of their convictions. They find opportunities … not obstacles.

Feel the fear, and do it anyway.

Article Written By: Charlette Barry