Thread: When is XOM a buy?
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amdx[_3_] amdx[_3_] is offline
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First recorded activity by BoatBanter: Jul 2013
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Default When is XOM a buy?
On 8/21/2015 10:37 PM, wrote:
On Fri, 21 Aug 2015 16:37:28 -0400, Wayne.B
wrote:

On Fri, 21 Aug 2015 15:05:11 -0400, wrote:

$60? $50? $30?

Warren Buffett says you always want to buy when everyone else is
selling.
The way things are going, the defense stocks may be attractive too.

===

I'm guessing that we're heading into a bear market and this is just
the tip of the iceberg. Cash is king in a down market and
deflationary economy.

I think you are right but $40 oil is not going to last. Oil may be the
most manipulated market in all of finance. I know I can't do any
manipulating myself but I would not mind getting some money out in
front of it when they spin it up.
It turned out that I did not get the house next to me so I have a few
bucks to play with.

Monday Aug 24, tighten up your seat belt baby!
Looks like the Dow will open down 850 points.
yow
Mikek

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