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re: Oil stocks...are you buying?

Posted on 2/4/16 at 9:06 am to
Posted by LSUneaux
NOLA
Member since Mar 2014
4496 posts
Posted on 2/4/16 at 9:06 am to
quote:

What a roller coaster! I managed to sell COP for a teeny tiny profit. I really think it will be red tomorrow after earnings and I'm sure a retreat in oil prices after today's 8% gain.


And here's the plunge. I'm holding tight this morning, then looking for a lunch time reentry.

EDIT: back in $36.70. That's 5% down on the day, so I took it. I wanted to get greedy and see how much lower it would go, but a 5% drop is too good considering the irrational swings on today's chart alone.
This post was edited on 2/4/16 at 10:41 am
Posted by LSUneaux
NOLA
Member since Mar 2014
4496 posts
Posted on 2/4/16 at 11:30 am to
And I underestimated how shitty the market is right now.
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