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re: Time to buy some XOM(Oil stock discussions)?

Posted on 8/11/15 at 7:06 pm to
Posted by Jag_Warrior
Virginia
Member since May 2015
4181 posts
Posted on 8/11/15 at 7:06 pm to
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.
Posted by Iowa Golfer
Heaven
Member since Dec 2013
10248 posts
Posted on 8/11/15 at 8:25 pm to
Refinery shut down yesterday. Some other factors, but mostly the shut down.
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