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It has been a few nights since I posted. No one has missed me. That is OK, as we really have been busy working hard on the new digs but also enjoying some nice life memories.
It's 11:48 as I start this blog, so it won't be long and we will have some clever things to share later this week. We had some great times as my Buddy Ben visited and took us to dinner Saturday at Hanna's.
We have not been going to Hanna's lately as, by the time we get done corralling service people and locking up the joint we are in need of a shower and change of clothes to go to Dave's fine establishment.
The brief but good visit with Ben culminated in a barrel tasting of the nine and half barrels of estate wine.
We will share with you the copious notes from the tasting at a later date, but I can tell you the 2008 needs to be put in a bottle and shared quickly as it is scrumptious.
My main purpose in bothering you this evening, was to make you aware we have a new color flag flying.
Mr. Market is shrugging off the budget woes and just gave us a new all time high today. More importantly there was enough conviction (volume) behind the move, that we are now flying the Green Flag. We are confident that IBD will support this claim tomorrow with a "market uptrend" announcement.
So if you have had a stock or two or three you have been watching and feel strongly about, this may be a good time to fly it up the flagpole. Today we initiated a new position in Resmed RMD, the makes of my Darth Vader Apnea CPAP mask. We have waited a while for a decent entry point and got in today at 45.15. Our stops are in at 39.00 at a low Bollinger trough from the 6 month daily chart. This is a long term core investment but would look at taking profits above $53.00.
There was more action in the Salve Lucrum portfolio, but its late and tomorrow is another day.
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