Free Republic
Browse · Search
General/Chat
Topics · Post Article

To: MaxMax

I did. Bought COP, CVX, and XOM recently......and went down another 10%. May buy more, but I usually get in trouble when I try to guess the bottom ;) Oh well. I have a 30 year time horizon....kids...80 years.


43 posted on 08/05/2015 5:46:10 AM PDT by DCBryan1 (No realli, moose bytes can be quite nasti!!)
[ Post Reply | Private Reply | To 39 | View Replies ]


To: DCBryan1

Hold CVX,COP and XOM if you already own them. They will probably take another dip and bounce if oil trends up at all. CVX is way oversold. Once it broke $100 the feeding frenzy started. CVX’s q report was actually not that bad. XOM’s was bad.

YMMV.


49 posted on 08/05/2015 6:34:11 AM PDT by mad_as_he$$ (Section 20.)
[ Post Reply | Private Reply | To 43 | View Replies ]

To: DCBryan1
I did. Bought COP, CVX, and XOM recently......and went down another 10%. May buy more, but I usually get in trouble when I try to guess the bottom ;) Oh well. I have a 30 year time horizon....kids...80 years.

The best advice I have every heard was: "Never buy anything at the exact bottom and never sell anything at the exact top."

54 posted on 08/05/2015 7:25:28 AM PDT by CurlyDave
[ Post Reply | Private Reply | To 43 | View Replies ]

Free Republic
Browse · Search
General/Chat
Topics · Post Article


FreeRepublic, LLC, PO BOX 9771, FRESNO, CA 93794
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson