When stocks form big bases and break the resistance with high volume like ENDO from last week and SHS and many others that is the time to get in. These stocks usually move 30 percent within a week. I could not understand it for till now and did not observe them and suddenly they climbed and I missed the change. So I made a separate portfolio for big base stocks to observe them when they break. There are innumerable instances when I missed big opportunities because of not following those stocks in a separate portfolio.
Monday, April 11, 2011
Sunday, April 10, 2011
Living in denial
Scientifically and simply speaking, the body is made of a skeletal framework of bones, vital organs, blood, muscles and covered by skin. The body has deficiencies, suffers, disease afflicts it. It ages every day and at last dies. Instead of all these deficiencies why do we love the body so much?
The reason is that we identify with it. When we identify with it we attach our presence to it. The happiness we experience in life we ascribe it to the fact of existence in the body. We think, it is because of the body I am able to enjoy this existence; without the body I am no body. For a long time we do not even think about death. When in youth rarely one thinks of death. This is called illusion of living forever and denial of death approaching.
Our identity is strongly attached with the body. We see ourselves different from others not only in the mind but also the way we look. Again scientifically speaking, the way our cells and organs work is the same in every body. But we do not see those similarities. We only observe the external appearance and mostly facial difference.
When the body ages and when death nears, that is when we fear the loss of body. 'Where will I go after death', we ask ourselves. This question does not cross our mind during our youth because we think it is far away in life, why should one think of long term problems. We also think no one is asking such weird questions why should I worry about it now. Indeed if we had a spiritual culture surrounding us, we would have at least tried to contemplate such questions but with this kind of technocratic and material world we live in such questions as our identity of the body do not trouble our consciousness. We keep procrastinating important questions of our existence till the end. Just like we keep procrastinating to study for an exam till the last day. But one day or the other we have to think about it because the truth is that body is temporary. Some one looks beautiful because many things in nature have their own aesthetic beauty. For example my dog looks pretty too and many other birds look beautiful too. Our body is a part of nature and it also shares the beauty of nature with its contrasting colors and proportional shapes.
Some look better than others because our parents look better. Some one with fair skin and dark hair looks beautiful because of contrasting colors that our eyes find attractive.
No matter how attractive the body may look in its youth, the skin wrinkles and organs slow down as it ages. Because we think happiness can only be obtained by the only source that is the body we lust after its enjoyment.
We have greatly expanded the politics of the body. How do I stand or how do i cut my hair to impress someone? When we see a beautiful women and when she walks away we feel a potential source of happiness is going away from life. All this because of the identity with the body.
Just imagine that if we were not the body but some one else living in the body. We are limiting ourselves to the body even though we know it dies one day because we do not want to miss the delight in live which we think mistakenly that it can be only found through the body in the external world. What if we are consciousness living in the body and the consciousness has the ability to concentrate on itself and go deeper and find delight independent of the body? This possibility is there and open and can be found in
all mystic traditions of religions.
The meaning of life completely changes when our identity changes from the body to consciousness. Our purpose in life changes.
The reason is that we identify with it. When we identify with it we attach our presence to it. The happiness we experience in life we ascribe it to the fact of existence in the body. We think, it is because of the body I am able to enjoy this existence; without the body I am no body. For a long time we do not even think about death. When in youth rarely one thinks of death. This is called illusion of living forever and denial of death approaching.
Our identity is strongly attached with the body. We see ourselves different from others not only in the mind but also the way we look. Again scientifically speaking, the way our cells and organs work is the same in every body. But we do not see those similarities. We only observe the external appearance and mostly facial difference.
When the body ages and when death nears, that is when we fear the loss of body. 'Where will I go after death', we ask ourselves. This question does not cross our mind during our youth because we think it is far away in life, why should one think of long term problems. We also think no one is asking such weird questions why should I worry about it now. Indeed if we had a spiritual culture surrounding us, we would have at least tried to contemplate such questions but with this kind of technocratic and material world we live in such questions as our identity of the body do not trouble our consciousness. We keep procrastinating important questions of our existence till the end. Just like we keep procrastinating to study for an exam till the last day. But one day or the other we have to think about it because the truth is that body is temporary. Some one looks beautiful because many things in nature have their own aesthetic beauty. For example my dog looks pretty too and many other birds look beautiful too. Our body is a part of nature and it also shares the beauty of nature with its contrasting colors and proportional shapes.
Some look better than others because our parents look better. Some one with fair skin and dark hair looks beautiful because of contrasting colors that our eyes find attractive.
No matter how attractive the body may look in its youth, the skin wrinkles and organs slow down as it ages. Because we think happiness can only be obtained by the only source that is the body we lust after its enjoyment.
We have greatly expanded the politics of the body. How do I stand or how do i cut my hair to impress someone? When we see a beautiful women and when she walks away we feel a potential source of happiness is going away from life. All this because of the identity with the body.
Just imagine that if we were not the body but some one else living in the body. We are limiting ourselves to the body even though we know it dies one day because we do not want to miss the delight in live which we think mistakenly that it can be only found through the body in the external world. What if we are consciousness living in the body and the consciousness has the ability to concentrate on itself and go deeper and find delight independent of the body? This possibility is there and open and can be found in
all mystic traditions of religions.
The meaning of life completely changes when our identity changes from the body to consciousness. Our purpose in life changes.
Thursday, April 7, 2011
Love and Grace
Love and Grace of God
I see your grace in the warmth and light of the morning sun
Love and grace of you Oh Supreme being;
I adore you Oh Lord;
Giver of inner happiness.
My life is one day of consciousness
broken by several earthly nights
Each earth day an opportunity
of advance and union and adoration.
When I see light of the sun
I adore you.
Without the sun is anything possible on earth?
Creator of the cosmos
Sun is love, Sun is light, Sun is grace
It is a dream that our life on earth
is so perfect and life at all is possible.
I meditate on your love and grace
Inevitably you pull me deeper and deeper
Sweetness drips into me like honey into lips
Everything on earth responds to the Sun
you are the breath of life to every leaf and flower on earth
Those human beings who forget your grace are unhappy;
In simplest things that we take for granted
there is incredible grace.
Why should the Sun appear at all?
But he does, what a wonder!
Is it not a act of love and grace?
The more I recognize your acts of love and grace
the happier I become.
Love and grace of God
Love and grace of the Divine
Those who are absorbed about themselves
worried about their happiness
do not see your acts of love and grace;
they take things for granted
and seek things beyond their scope in external world;
Unhappy are they who do not appreciate you.
Maker of the cosmos,
wonderful galaxies and unknown worlds
I see you in the Sun.
It is said that you are brighter than a thousand suns;
Love and Grace of the Divine.
I see your love in the smile of the child;
In the love laden lick of my dog;
In the pleasant breeze touching my cheek;
Love and Grace of God.
Loving you leads to bliss.
Your consciousness is bliss.
To meditate on your love and grace
is the easiest way to taste your bliss.
Love and Grace of God
There is certainty in your love
as opposed to worldly joys.
I see your grace in the warmth and light of the morning sun
Love and grace of you Oh Supreme being;
I adore you Oh Lord;
Giver of inner happiness.
My life is one day of consciousness
broken by several earthly nights
Each earth day an opportunity
of advance and union and adoration.
When I see light of the sun
I adore you.
Without the sun is anything possible on earth?
Creator of the cosmos
Sun is love, Sun is light, Sun is grace
It is a dream that our life on earth
is so perfect and life at all is possible.
I meditate on your love and grace
Inevitably you pull me deeper and deeper
Sweetness drips into me like honey into lips
Everything on earth responds to the Sun
you are the breath of life to every leaf and flower on earth
Those human beings who forget your grace are unhappy;
In simplest things that we take for granted
there is incredible grace.
Why should the Sun appear at all?
But he does, what a wonder!
Is it not a act of love and grace?
The more I recognize your acts of love and grace
the happier I become.
Love and grace of God
Love and grace of the Divine
Those who are absorbed about themselves
worried about their happiness
do not see your acts of love and grace;
they take things for granted
and seek things beyond their scope in external world;
Unhappy are they who do not appreciate you.
Maker of the cosmos,
wonderful galaxies and unknown worlds
I see you in the Sun.
It is said that you are brighter than a thousand suns;
Love and Grace of the Divine.
I see your love in the smile of the child;
In the love laden lick of my dog;
In the pleasant breeze touching my cheek;
Love and Grace of God.
Loving you leads to bliss.
Your consciousness is bliss.
To meditate on your love and grace
is the easiest way to taste your bliss.
Love and Grace of God
There is certainty in your love
as opposed to worldly joys.
Love and the triple path: a terrific chapter in spiritual literature
"Therefore, to approach God by love is to prepare oneself for the greatest possible spiritual fulfillment."
"Where external worship changes to inner adoration Bhakti begins; that deepens into the intensity of divine love; that love lead to the joy of closeness in our relations with the Divine; the joy of closeness passes into the bliss of union."
"It is true that love returns gladly upon a difference of oneness, by which the oneness itself becomes richer and sweeter."
" Rather as Knowledge of the Divine grows, delight in the Divine and love of it must increase"
"Where external worship changes to inner adoration Bhakti begins; that deepens into the intensity of divine love; that love lead to the joy of closeness in our relations with the Divine; the joy of closeness passes into the bliss of union."
"It is true that love returns gladly upon a difference of oneness, by which the oneness itself becomes richer and sweeter."
" Rather as Knowledge of the Divine grows, delight in the Divine and love of it must increase"
Tuesday, April 5, 2011
understanding the pattern of the trend
The pattern that forms is characteristic of the stock. There are many chances that the pattern repeats itself in the continuation rally.
For example, VRX and SHS have a similar pattern. These stocks go up steadily and never come down. VRX when up from 30 to 35 stabilized there for a couple weeks at 35 then moved to 40 then stabilized there for a couple of weeks then moved to 54 now. These are the kind of stocks that people loose patience during consolidation and sell it off to see the stock move up 30 percent in the next couple of weeks. These stocks when they consolidate they touch the 30 day moving average and some time stay there, borderlining the 30 day moving average for a couple of week. I have seen this happen a number of times and I was deceived many times and sold of the stock. But I realized now that that was great mistake. Look at SHS, this is a wonderful stock. When it moved to 40, I did not purchase it but it is now at 54. The good thing about this kind of pattern is that these stocks never come down 5 percent and are always above the 30 day moving average. When it broke the resistance at 30, this stock just jumped.
These are the kind of stock where you want to put the limit order just above the resistance and leave it for a couple of weeks. When it clicks, that will be one of your best buys.
There is another pattern like the one in BRKR, this is like the stock goes up 15-20 percent then comes down 5-6 percent to touch the 30 day moving average.
Again and again, stock that have less number of stocks like OPEN and TZOO, less than 30 million shares, jump like crazy after a couple of weeks of consolidation. Need to watch out for these stocks all the time. When the break the resistance, they will jump 30 to 50 percent.
So the point is when you see the pattern, with long resistance, when ti breaks the resistance, it breaks it with full force and moves 30 percent. One needs to keep watching these stocks when they will break the resistance. When they do, do not sell but hold unlike the other pattern that goes up 20 percent and comes down 5 percent. Even those stocks the make half loops above 30 day moving average, there is no need to sell but follow the stock with sell stop trailing.
Still learning. Until the stock down not cross the 30 day moving average, and goes to stage 3 hold the stock.
For example, VRX and SHS have a similar pattern. These stocks go up steadily and never come down. VRX when up from 30 to 35 stabilized there for a couple weeks at 35 then moved to 40 then stabilized there for a couple of weeks then moved to 54 now. These are the kind of stocks that people loose patience during consolidation and sell it off to see the stock move up 30 percent in the next couple of weeks. These stocks when they consolidate they touch the 30 day moving average and some time stay there, borderlining the 30 day moving average for a couple of week. I have seen this happen a number of times and I was deceived many times and sold of the stock. But I realized now that that was great mistake. Look at SHS, this is a wonderful stock. When it moved to 40, I did not purchase it but it is now at 54. The good thing about this kind of pattern is that these stocks never come down 5 percent and are always above the 30 day moving average. When it broke the resistance at 30, this stock just jumped.
These are the kind of stock where you want to put the limit order just above the resistance and leave it for a couple of weeks. When it clicks, that will be one of your best buys.
There is another pattern like the one in BRKR, this is like the stock goes up 15-20 percent then comes down 5-6 percent to touch the 30 day moving average.
Again and again, stock that have less number of stocks like OPEN and TZOO, less than 30 million shares, jump like crazy after a couple of weeks of consolidation. Need to watch out for these stocks all the time. When the break the resistance, they will jump 30 to 50 percent.
So the point is when you see the pattern, with long resistance, when ti breaks the resistance, it breaks it with full force and moves 30 percent. One needs to keep watching these stocks when they will break the resistance. When they do, do not sell but hold unlike the other pattern that goes up 20 percent and comes down 5 percent. Even those stocks the make half loops above 30 day moving average, there is no need to sell but follow the stock with sell stop trailing.
Still learning. Until the stock down not cross the 30 day moving average, and goes to stage 3 hold the stock.
Monday, April 4, 2011
How to put limits on Short sales
1. Use Buy to Cover, then Stop and put the upper limit. If sold short at 6.0 put buy to cover at 7.0, stop.
If the stock goes to 7 it will sell it off.
2. If you want to buy or sell at a certain number, use Limit, and input the number.
If the stock goes to 7 it will sell it off.
2. If you want to buy or sell at a certain number, use Limit, and input the number.
Sunday, April 3, 2011
Reducing Risk with large percentage of portfolio in specific stocks
One mistake that caused some potential great profits is that I sold stocks too early in the rally expecting a future correction. But the correction came a week later and the stock took of 20 percent in between.
In a situation like that I have to keep 50 percent of the stocks on hold and sell the rest of the 50 percent.
I lost good profits in CAT which I sold at 107 which is now at 113 expecting the stock to go to 110 and stay there. Also VRX I sold the stock at 44.5 with 600 shares. Now it is at 53. I should have in such a situation sold 300 shares and kept the other half on hold. This would have decreased my risk and also would keep the profit in case of a good move up.
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