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When is XOM a buy?
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. |
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