Deckers Outdoor Purchase

Dear Diary,

I bought a substantial position in Deckers Outdoor (DECK), today, for $47.92 a share, based on projected earning above $8 a share for 2009 and on the Holy Gail criteria. This is a pure Holy Grail: no debt, double digit Net Profit Margin, widening Net Profit Margin, upward trend in earnings, double digit Share Holder Equity and Return on Total Assets. Everything looks perfect, but it can change in a moment. Such is the nature of the Holy Grail approach.

General Electric (GE) is my big Buffett-Graham Net Quick Asset Deal, and it's up a couple of bucks from my original purchase price.

Gene

More GE

Dear Diary,

I bought more General Electric (GE) on 3-4-09 at $6.63 a share, bringing my average purchase price down from $18.79 a share to $7.18 a share.

The DOW is trading at around 6500.

Gene