Observation: what does the text say?

• What are the key or repeating words?
• Are any comparisons or contrasts made in the passage?
• How would you explain the progression of thought?
• In the points the text is making, are there any cause/effect ideas?

Interpretation: what does it mean?

• What is the text talking about? What is the main point?
• What is being said about that main point?

Principles: what truths are here?

• What are the timeless and eternal truths from the passage?

Application: so what?

• Is there a  new thought to ponder?
• What is there to be thankful for?
• Does this text suggest a change that is needed in my life?
• What example do I need to follow?