Thursday, March 31, 2011

Harry Dent: “Major Crash” Coming for Stocks, Commodities Already Topping Out

Harry Dent, founder of HS Dent and The Dent Method predicts another crash coming in the Summer of 2011:-

The first quarter comes to a close today with major averages at or near multi-year highs. Expect "substantial" further gains for stocks before a "major top" occurs in late summer, says noted forecaster Harry Dent, founder of HS Dent and The Dent Method.

The good news, for those long, is Dent predicts the Dow will trade as high as 13,200 by mid-summer and the S&P 500 as high as 1430, or more-than 7% above current levels. The bad news is "then we could see another major crash," Dent says, forecasting the Dow could trade as low as 3300 in a worst-case scenario. "Bubbles go back to where they started or a little lower," he says. "The stock market bubble started at (Dow) 3800 in late 1994."

While Dent predicts the Dow's crash will play out over several years, he sees clear and present danger in gold, silver, oil and other commodities. "All investors should lighten up on or sell oil, silver, and gold as the U.S. dollar looks like it has bottomed and should rise ahead," he writes in the March issue of HS Dent Forecast.



Read more here:-


http://finance.yahoo.com/blogs/daily-ticker/harry-dent-major-crash-coming-stocks-commodities-already-20110331-080715-415.html;_ylt=AjP5XM_Ntqibzz3OPMabn1i7YWsA;_ylu=X3oDMTFjM290OWl1BHBvcwMzBHNlYwNGUERhaWx5VGlja2VyQmxvZwRzbGsDaGFycnlkZW50bWFq

Monday, March 28, 2011

Goals

Set long-term and short-term goals.


There are six types of short and long-term goals you can include:
1. Your ultimate long-term goal
2. 12 month goal
3. Three month goals
4. Weekly goals (Weekly body composition test and weigh-in)
5. Daily goals (habits to develop, things to do every day repeatedly)
6. The goal of beating your personal best.

Burn the Fat, Feed The Muscle Quote # 1

Positive statements and empowering questions


How can I lose fat and enjoy the process?
What can I do today that will help me get closer to my weight loss goal?
What can I eat right now at this meal that will help me lose body fat?
How great am I going to feel after I finish my workout today?
My metabolism is getting faster every day.
I am getting leaner every day.
I like the way I look.
I am 100% responsible for my results.
Whatever it takes, I’ll do it.
I like eating healthy foods.
I love working out.
Training early in the morning is exhilarating.
I have time for anything I am committed to.
I like myself.
I can do it.
I’ll do it.

Sunday, March 20, 2011

NEW BALANCE MT573

I just bought a new New Balance hiking shoes MT573 yesterday in preparation for my Mount Kinabalu climb. I bought it from N-Concept at Sunway Pyramid for RM240.

Unfortunately i found that the shoe's sole loses grip on a smooth surface if it comes in contact with water!

After i had this problem, I went online to do some checking and came across this :-

"Furthermore, these shoes do not handle moisture very well. Any amount of water that meets the bottom of the shoe will cause slipping. The depressed-most portion of the tread is made of some material that traps and retains water up to 45 minutes after "first contact". Sidewalks with a dusting of snow, sealed concrete, tile, polished terrazzo, some rubber surfaces, wet or dry wood floors, and most non-porous surfaces, etcetera, become hazardous terrain. "

This is just how i felt when i was wearing the NB shoe as well! I'll try to exchange this shoe with another one....But i'm so very dissapointed....


Update: I've managed to convince N-Concept S. Pyramid to exchange MT573 with another shoe. They were hesitant at 1st and kept saying there's nothing wrong with the sole but i was adamant that I do not want to wish MT573 as I had already lost confidence in that flawed shoe. They suggested MT910 which i tried & tested on their treadmill. Although it had a good grip, it didnt feel comfortable and my foot felt really warm. Also my foot and ankle were starting to hurt after wearing it for a few minutes. I finally decided to go for MT813 which has very good reviews on websites like www.amazon.com. Hopefully this time it'll be okay. The MT813 after discount costs RM209 so i had to top up another rm5.70 to get a NB t-shirt. I'm getting the shoe on Thursday since their outlet @ S.Pyramid dont have the size i want and so they need to bring it in from another N-Concept outlet.