The week in preview: No place like home

In fact, most investors will look to get "even" before they sell and this attitude usually leads to greater losses, anxiety and poor decisions. The truth is that much of this can be avoided with proper risk management techniques. If any of this describes you, then consider developing a plan for risk management and a discipline that will help to protect your hard earned principal. Now, more than ever, investors need a plan. We all need a plan that includes well developed risk management disciplines, which is why I dedicate a full chapter to it in my book, The Disciplined Investor.

Monday, June 2

The week begins with the 10 am release of construction spending and the ISM Index. Construction spending is expected to continue to be weak as is the ISM.

Then we have a few housing-related earnings releases that should be of interest.


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Iran and the US election

The contention that the attitude of Iran is the main obstacle to a long-term security agreement between the US and Iraq is, for example, gaining currency (see Robert H Reid "Iran is Roadblock in U.S.-Iran Security Deal," Philadelphia Inquirer, 4 June 2008); and Condoleezza Rice has said there is no reason to talk to Iran until it suspends uranium enrichment (see Helene Cooper & Isabel Kershner, "Rice Calls Dialogue With Iran Pointless," New York Times, 4 June 2008). Moreover, the International Atomic Energy Agency [IAEA] has been uncharacteristically sharp in its criticism of Iran (see Paul Reynolds, "Iran Nuclear Crisis Refuses to go Quiet," BBC News, 27 May 2008), in effect adding to the polarizing momentum.

Tehran is unmoved. Iran's supreme leader Ayatollah Ali Khamenei has reaffirmed Iran's intention to pursue civil nuclear power.


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Oceans Springs' Kanode is coach of the year

"The first thing I had to do was change the attitude. We were just kinda going out there and going through the motions, so we had to set defined goals and I started talking about winning a state championship. People thought I was crazy."

Turns out, Kanode was right. His Greyhounds finished 28-9 and ended the season No. 1 in The C-L's final rankings.

At least one coach wasn't surprised by his former player's success.

"I always felt like he would be a good coach," said Denson, who now coaches at Belhaven College in Jackson. "Those bullpen catchers tend to make good coaches. He would always help with the young kids when we had camps and just loved the game and loved to be around it. I'm tickled to death that he is doing so well."

Kanode, who won back-to-back state titles as a player at Mercy Cross, patterns much of his coaching style after Denson, who earned Coach of the Year honors in 1981 while coaching at Callaway.


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A Life-Changing Decision

Throughout the ordeal Jessica has kept a great attitude and positive outlook. She says she finds herself reading a lot more and watching movies she has seen a few times and knows the lines.

She wants everyone to know she is doing well and appreciates all of their prayers.

You can follow her recovery on her MySpace page

To see Jessica's story click on the link to the right. .


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As economy worsens consumers turn to bartering for goods, services

"The attitude out there seems to be, 'I'll barter anything for gas,"' he joked.

While Josefs typically charges cash for his services, he said he's looking at doing some barter transactions. He sees possibility, for example, in designing websites for restaurants that want to pay in dinners or for dentists in exchange for dental work or for contractors in exchange for electrical work.

"I'm looking to expand my horizons," he said. "This way I can maybe get my foot in the door ... in new industries." On the other hand, the new clients "won't have to spend a lot of money" determining if the two sides have a lot to share, Josefs said.

Some communities - including Ithaca, N.Y. - have tried to set up community service exchanges, while many businesses do barter deals through formal exchanges.


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Games, music, sheepdogs highlight annual Irish Scottish Festival

"Have a positive mental attitude, follow through, and have fun," he said. Though attendance was slow at times, visitors who defied Saturday's muggy weather said they had a pleasant time. Cynthia and Joe David of Plain Township took their time at booths featuring sheepdogs, Highland cattle and horses. "I've always been interested in Irish Scottish history, and I do have some ancestors from there," Cynthia David said. "I wanted to see the animals, especially the draft horses," said Joe David. "This was a nice enjoyable outing for the day." .



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Men behaving manly: Tough guy TV attracts viewers craving

When you see them on TV they tend to have the same sort of bring-it-on attitude. People at home are like, 'Would I do that? Could I do that?' It's kind of like when you're watching a war movie and think, 'Would I run out of the trenches and attack that machine gun nest?' "

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