The stock market thread part 2

#26
#26
I tend to stay with what I feel I know. I have been in the oil business for 28 years. What I do know is the business is very cyclic. WE have a saying. If you don't like the way things are, then don't worry becuase it will change soon. I think some of the oil stocks are now at a very good buying price. I doubt oil will remain as low as it is for too much longer. Nothing will replace it for at least 20 years.
 
#28
#28
overseasorange2 said:
What do you think of APL and XTEX? Both are paying a 20% dividend. XTEX is trading at $4.35/share and paying an annual dividend of $1.00/share. Not a bad investment.
Click to expand...

i like pipeline companies as a whole, but the names i use and like are EPD, ETP, PAA and TPP.
 
#37
#37
Barney Frank has got the bank CEO's tomorrow...

look for another market beatdown

I am preparing to buy BAC, TBT and RIO
 
#39
#39
good to see obama is doing a good job on the economy. 382 point drop.thatta boy obama.keep it up and u might run us in a depression :thumbsup:
 
#40
#40
Wow, we have a IPO tonight being priced and 2 more I think this week. Man I miss those IPO days..
 
#41
#41
We need to hold 813 on the S&P if we drift down today. The next support level is 801 on the S&P. If we break that level, well lets not talk about that because it looks ugly.
 
#45
#45
The S&P really needs to close @ 820 or above today or we just might test some ugly bottoms soon.
 
#48
#48
I think the same Droski, atleast I hope we do. It would be nice if we ever get out of this trading range that we are in now, to the upside.
 
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