This news taken from AP on 4/17/08. AP is a new addition to MarketClub’s growing list of news services:
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(AP:NEW YORK) Earnings reports dominated the tech sector this week, with strong first-quarter results from industry heavyweights like Google Inc. and IBM Corp. providing reassurance in a season dominated by economic concern.

Google said late Thursday that its first-quarter profit and revenue handily beat analysts’ expectations, easing fears that the economic slowdown could hurt the company. Google said its total paid clicks grew 20 percent year over year _ less than in previous quarters, which Google attributed to changes meant to improve the quality of clicks and, eventually, generate more revenue from fewer clicks.

After Google’s report, its shares soared, finishing Friday’s trading up 20 percent at $539.41, marking the stock’s largest one-day percent gain and a dramatic change from the past several months. Google’s market value had declined 35 percent since late December as investors worried about broader economic weakness hurting the company.
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See how we view GOOGLE in this short video.

Enjoy the video. We encourage your feedback on all our posts.

Adam Hewison
Co- founder, MarketClub.com

We received this comment from Frank who is one of our MarketClub members.

All I can say is thanks for putting in words what we have long known at MarketClub.

I am so humbled by your comments.

Thank you,

Adam
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Here are Frank’s unabridged comment:

I used to be a Cramer fan, until I realized that Cramer could not possibly make me , or anyone else, any money in any market save a secular bull market, and I’m being kind ! To buy, and to back the truck up every time the stock goes down is a surefire way to lose a large amount of money, and I find that it’s irresponsible of him to liberally dispense this kind of advice, especially to market novices.

Traders who have been around the block a couple of times, know the importance of keeping the losses small, and letting the profits run until a favorite indicator, which ever-one works for you ,mandates that you end the trade. I have found that Adam and the marketclub trading philosophy is simple and honest, and it works……keep up the good work guys !!!

Frank

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We appreciate your comment’s Frank. We encourage all readers of this blog to post comments on the market.

Hi, this Adam Hewison and I am writing to you from my desk at the corporate headquarters of INO.com.

I have been asked to judge a science fair competition at a local elementary school here in our hometown. Judging the science fair is going to be fun, and I’m really looking forward to it. This is because I love science and love the idea of working with kids and expanding their minds.

Being asked to be a science fair judge got me thinking about how a child’s mind works. Many children have a much simpler way of looking at the world. We as adults tend to clutter and over think almost everything, including the market.

Today, I would like to share with you some thoughts and ideas about the market and how you can benefit from thinking like a child.

The bottom line is, the market can only do three things, it can go up, it can go down, and it can go sideways.

If I were to make my own little experiment for a science fair, I would issue a child a line chart of a stock or futures market. I’d say to them “Is the line pointing up, or is the line going down? Depending on which way the direction of trend was leaning, they would give me the correct answer.

If I were to show the exact same line chart to an adult they would say “oh, maybe it’s overbought, the markets gone too high or it’s off the paper and has gone too low. The fact is, we as adults overthink everything.

In this amazing age of communication, we are bombarded by all the news and world events on a 24-7 basis and it’s overpowering. I purposely try to shield myself everyday from all this media blitz. There are so many rumors in the marketplace that you are better off not listening to them in order to be successful.

In fact, I like to think as a child when it comes to the market.

So when you look at a chart and that’s the only visual history we have, ( you can’t look at the fundamentals the same way) think like a child. Oh, believe me the fundamentals are important, but in many ways what is more important is seeing which direction the lines are headed. Are they going up or are they going down?

William Shakespeare might have posed the question: “Is the line going up, or is the line going down, that is the question?”

You know, we have a beautiful mural at our headquarters that was painted by some local students from the the same elementary school where I’m judging the science fair. The aquatic scene was derived from the imagination of children and I use it as a conversation piece for any new office guest.

If we have someone new in the building, I always give them the fish test. What is the fish test?

One day we had a very important visitor who had a very high security clearance from the government. He came to do a background check on one of our former staff as he wanted to employee him. I think that this government job was going to be involved with homeland security.

So I decided to give this very high security clearance guy the fish test.

Here’s what I found and it was amazing to me. Here was a man with credentials and clearances from the US government staring at a fish on a wall. So I turned to him and asked him what kind of fish do you think this is? He did exactly what I thought he would do. He was over thinking the situation. He was basically speechless as he searched in his mind for the right answer.

You can find the answer to the fish question here.

So here’s my advice, think like a child when it comes to the market and don’t over complicate things. It will only give you a headache. Buy when the market is going up, sell when the market is going down and when the market is moving sideways… wait for a breakout and go with the direction of that break out.

I know this sounds very simple but the reality is it is simple. Don’t over think this post or the market.

Every success in life and in the marketplace,

President, INO.com