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re: The first of the oil majors, COP, cuts the dividend

Posted on 2/4/16 at 11:04 pm to
Posted by TigerDeBaiter
Member since Dec 2010
10268 posts
Posted on 2/4/16 at 11:04 pm to
How do you figure? That's why I'm buying energy all this year. Other than picking a date and catching the falling knife "correct" I don't see it. I'm still DCA, just at an opportune (hopefully) time.
Posted by Kramer26
St. George, LA
Member since Jan 2005
6404 posts
Posted on 2/4/16 at 11:11 pm to
Stock is down 8.5% today. I wonder how much lower it goes. I don't think we are close to reaching the bottom yet.
Posted by Grits N Shrimp
Kansas City, MO
Member since Dec 2014
646 posts
Posted on 2/5/16 at 8:07 am to
quote:

How do you figure?



For example, in 2009 when the entire market was down, wouldn't you want to take advantage of the dip across several sectors?
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