The market is down and probably has more to go. Dell's results are not good. There is a lesson for long term investors. No companies can keep a high margin for long, no matter how good their business models are. High margin attract new competitions. High growth/high margin companies eventually become slow growth mature companies.
Today's trade
Add 200 more shares of INTC @18.98 in portfolio 1 and 300 shares of MFC @ 18.65 (C$) in portfolio 2
Closing value:
Portfolio 1: 110033 (U$)
Portfolio 2: 79986 (C$)
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