Invest Like a Shark

I am currently reading Invest Like a Shark by James DePorre. For those who don't know, Deporre, otherwise know as Rev Shark, lost his hearing, job and wife before starting to trade with a $30,000 stake and turning it into millions.

Thus far there isn't much that I already don't know. However, from time to time it's worthwhile to review what you know to get the mind focused on what's important. For example, DePorre likens successful small investors to sharks, who patiently wait for an opportune time before striking aggressively. I like the analogy and I am already waiting for better setups.

Click on the picture below to view Rev Shark speaking with Jim Cramer about current market conditions.

Some Good Looking Charts (and a fight clip)

I haven't been able to find too many good looking charts on the long side. However, I do see a ton of nice looking charts for short setups that just need a little bigger bounce. Here are five stocks that look darn good in any market: SMSI, AKS, LDG, FDG and VLO.



For all you UFC fans, here is a preview of this Saturday's match between Randy Couture and Tim Sylvia. Party at the Spec's place!

Links (Multimedia verson)

This week's linkfest is made up of videos and sound clips, so make sure to have your volume turned up.

Trading:

Dave Landry market webcasts.

Podcast interview of super trader Charles Kirk of thekirkreport.com.

Interview with chart pattern pro Thomas Bulkowski.

This week in Barrons.

Revealing interview with Cramer on market manipulation.

AlphaTrends on using MACD

Lectures, Speeches and Interviews:

Richard Dawkins on the delusion of god.



Salman Rushie on Islamic extremists.



Warren Buffet is the anti-trader. Here's when he sells.



Malcolm Gladwell (author of Blink) on variability vs. universals.



Physicist David Deutsch on the survival of our species. Fascinating stuff.

Wall Street and Chicago Bears

I like to revisit this clip whenever economic signs point to a market downturn, but Mr. Market keeps on chugging along. This is when da bears really get crushed, and it usually lasts longer than expected, as bears keep on covering their bets. Today's installment has special meaning, as those Chicago Bears are likely to get crushed as well!



A blast from the past . . .the '85 Bears do the Superbowl Shuffle. I took Walter Payton's poster off my wall after viewing this . . .

Some Clips

What if a great man of the last century – Gandhi, say – had had access to the communications networks of our age when he made one of his most important speeches?" The result is 'Telecom Italia Gandhi', an astonishing 60-second spot that has just started airing in Italy.



Peter Gabriel - Here Comes The Flood, from the Growing Up Live tour, Milano 2003



For football and 49ers fans, an interview with the genius, Bill Walsh. I recently read his book for pure enjoyment, but found myself constantly taking notes that would relate to trading practice.



Barick Obama's Plans for 2008


Jim Cramer on the Colbert Report, January 2007