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re: Stocks: Would you sell oil and buy banks?

Posted on 3/5/17 at 1:39 pm to
Posted by LSUneaux
NOLA
Member since Mar 2014
4494 posts
Posted on 3/5/17 at 1:39 pm to
quote:

Chasing return is almost always a bad idea. You missed the boat. Why would you sell oil at its low and buy banks at its high?


I'm up 15% on COP, and oil is going to be trading sideways for the foreseeable future. Banks are not done running.
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