I was looking at your target trade and thought I would put in my two cents.

The red lines I put in is the current trading channel. It has been trading in here since middle of March. I also noticed some resistance points just below 52 and 55. Over the next week or so, you should see whether it is following the red or the green area.

Personally I believe it is fallowing the top green line and the bottom red line. If this is the case, it should be setting up a classic pennant and then shot through 55. At that point, I would buy.

That’s my 2 cent thoughts. By the way, if the news was not reflected into the price of the stock, it would have gone down more then 55 cents with greater volume (probably closer to 2 or 2.5 times the 3 month average).

So, bottom line is I think you made a great pick. But I think you got in too early and out too soon. But we shall see.

So I had a conversation with myself this morning.

Mirror image: You make me sick!!!
Me: What did I do now?
Mirror: Your goals. Are you going to up them or what?
Me: Well, I am still working on some scenarios ….
Mirror: LIAR!!!!!
Me: Well, they’re very aggressive ….
Mirror: So we shouldn’t do it because it’s hard?
Me: Well I might fail and it will be in my blog …
Mirror: This isn’t about them. This is about you and where you want to be.
Me: But…..
Mirror: You got keep on adjusting those goals every time they become achievable.
Me: But….
Mirror: But nothing!!! How do you think a baby learns to crawl? You put the toy just out of reach. Then the baby twists and turns until he gets the toy. Now, you move it further away. And the baby learns to crawl
Me: These last goals are just in my grasp.
Mirror: Exactly!!! Time to move the line!!!
Staring into the mirror and in my best Rambo voice: GOALS!!! I’m coming to get you!!!
As I was leaving, the mirror: That’s my boy. Keep the focus.

And with that, I am upping my savings goal from 10k to 15k. Yes, a 50% increase.

I am also adding a new goal of saving 4k in college funds for my kids.

This should keep that guy in the mirror happy and off my case, at least for a little while.

June is next month. At the end of the month, we will be half way through the year. Are you on track? Do you need to make your goals more aggressive? What’s holding you back?

You might need to talk to that guy or gal in the mirror. Be careful, they know when your lying and they don’t take excuses.

I am a deadbeat and a freeloader and am not alone.

I found out today that some of the largest companies in the US thinking of me as a deadbeat. How could that be? I have excellent credit, I pay my bills on time, I pay off my credit cards every month … How could I have such a soiled reputation?

I am also considered a terrible customer. And my wife or I use these companies probably every other day. Now, they have never said anything to my face but I know what they say behind my back. “He’s not generating enough profits for us. He’s costing us money.”

Yes. I am taking about credit card companies. I read somewhere that it costs credit card companies about $25 per account per year. Now, if the charge 1.25% per transaction, I would need to charge $2000 just for them to break even. And after $2000, they make 1.25% off my transactions. They could make more money opening a savings account.

So who are their best customers? People who carry outstanding balances month after month paying 16%, 20%, or 29% interest on those balances. But these aren’t even their best customers.

The best customers are late on payment that way they can charge fees plus increase the interest rates. These are the best customers. This is where all their profit comes from.

So yea, I’m a lousy, deadbeat, freeloader customer, and I wouldn’t want it any other way.