Take a look at this chart: http://invest.kleinnet.com/bmw1/stats20/COST.htmlThis stock has been on a rising recently. Can it go higher? Yes. Can it go lower? Yes. Personally I am in for the long haul and over time like many stocks this will go higher.One thing I take into consideration with Costco is if we slipped into another recession would I continue to shop at Costco? My answer is yes. Folks would probably would be looking for deals on staples and Costco offers that advantage. I am not saying Costco is recession proof but it sure is better off than other companies.Gary
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