Wednesday, October 18

The DOW makes history today


Nope, this has nothing to do with Costa Rica but since I am trying to make a living trading the New York Stock Market here in Costa Rica, it is relevant to ME.
Today, the Dow broke through the 12,000 mark (which was expected) and surely it will fall below it again (expected as well). Out of five of the Dow movers, I own three of these stocks. I have sat pitifully on my hands for months while these stocks have laggard. Even with this big move, these three stocks are still down in my portfolio and I wait for some profits before I can hit the sell button. Patience. Costa Rica has taught me well about having patience. If it can stay over 12,050, then maybe we can get somewhere.

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