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re: Time to buy some XOM(Oil stock discussions)?
Posted on 8/11/15 at 8:06 am to Jag_Warrior
Posted on 8/11/15 at 8:06 am to Jag_Warrior
Some technical indicators on XOM. Not sure about rig count, but am looking for a reasonable entry point on select oil stocks. Never time the market. Laffy.
1
Posted on 8/11/15 at 7:06 pm to Iowa Golfer
If one doesn't truly follow and know a market, I would agree with that. But I just couldn't help myself. Although I'm not an oil (or commodity) market player, I could find no sound or fundamental reason for yesterday's rally. So I took the flyer on SCO on yesterday's close. I'll carry it through the open tomorrow and see how things look then. But this one was based purely on gut feel - one of the cardinal sins that I typically preach against.
I may play it all back on this AAPL trade to atone for my sins though.
I may play it all back on this AAPL trade to atone for my sins though.
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