Weekly Philippine Stock Pick

My weekly Philippine stock investment pick I post every Monday this week is not to invest in anything right now, and stay in cash, until the market starts showing like its got some upside potential to it. Currently most of the stock charts look like they are continuing to trade choppy while still heading south with the current main trend. I'm looking at many charts right now in finishing their 4th wave counter-trend correction in this primary downtrend, setting up for a 5th wave down leg ending of the entire downtrend started back in August September 2007. I am looking for a trend reversal to the upside to be setting up, but it's not happening yet. Stay tuned here, as I will post it here as soon as it happens.

In the meantime, I want to share some "thoughts of wisdom" from various famous successful people over the years. For it's our thoughts and beliefs that give us the reality in our lives. Use the power of your thoughts to create the life you want for your future. "If you can think and believe it, you will hold it in your hands" Bob Proctor.

"The Master may be defined as: "Coordination of knowledge and effort, in a spirit of harmony between two or more people, for the attainment of a definite purpose." Napoleon Hill From his Think and Grow Rich book.

"People think I'm disciplined. It is not discipline. It is devotion. There is a great difference." Luciano Pavarotti 1935-2007 Opera Singer.

"I want to demonstrate by my life and my results, not my talk, not my wishes, but by my results." Gerry Robert from Who Do You Think You Are? Discover The Purpose Of Your Life.

Your old past environment has taught you many things over the years. Some of those things are not habits for time and money success. School taught you habits to have a career, be more employable, and a better employee. If you want to be rich and wealthy, as Robert Kiyosaki says, "Its about changing quadrants, not changing jobs."

Wealthy people think believe and do things differently than poor and middle class people. The way wealthy people make money is different than the way poor and middle class people make money. Wealthy people make money exponentially 24 hours a day 7 days a week (example 10x10=100) investing in income producing assets making money for them. Poor and middle class people make money the linear way (example 10+10=20) chasing money by working for it, until their tired broken down, and still broke when they pass away.

When you change the un-successful habits of your past, you can now create the successful habits of your future. We can't change the past. The good news is you can change and direct your future by creating new habits for success.

I believe people should study a little bit every day. It should become habitual, like brushing your teeth, combing your hair, having a shower or getting dressed. Study the mind, the laws of the universe and paradigms. There's enough information on those subjects to keep a person studying forever.

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