David Coffaro Vineyard
          and Winery Winemaker's Diary

arrow November 25 - December 1, 2012

Tuesday November 27, 2012

9:00 Pm: This has been a transition week as usual after Thanksgiving. This was the first day I did not eat some of the left overs from our 30 pound turkey. Matt has been here for two days, that is always good. We are getting ready to blend and bottle in January.....long story for another time.............the big concern is the prediction of a giant storm entering our area...........we are prepared.....

Pat is heading off to The City in hopes of not being caught in the storm. I will head down for my close friend of 45 years, Michael's 70th birthday. It will be a fun event in San Francisco on Saturday, rain or shine.

Ok, the Stock Market. I hate the politics of the Fiscal Cliff. The Market does not like uncertainty so I see nothing happening for a while. That means this is an opportunity to buy.............but only if a deal is made.........of course a long term deal would be the best. I sold 30% of my AAPL, 20% of GOOG and 33% of AMZN at much higher prices and purchased all AAPL back and some AMZN. I am waiting to see what happens before I buy more.

Friday November 30, 2012

My stocks are going up, I will not be buying more, but I may be selling and be wrong again. It is nice to sell a stock at a higher price than when you bought it, but that is tricky, because it could go down right away. I have been wrong on most stocks I have purchased in my life, but I have had my winners, sell high sometimes.

Every time on my big stock winners I have sold too early....looking back.............that is still a good thing......

We are never right all day long. I mean all of us, especially the president............

I have said before I am usually making a mistake about an hour in the day. I want to be perfect but it is hard. Ok even the Supper Bowl winning quarterback knows he could have done better. We must strive for perfection even though it may not exist.

Tomorrow I will be going down to see Michael Watts, a special friend of 45 years. We hope we don't get too much rain. We have already had 7 inches and there may be much more ahead. It is all up here in the North so So Cal will only get a few showers.

For any comments or questions I encourage any of you to e-mail.....david@coffaro.com


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