lowtrade

[lowtrade]

If S&P has a correction, just like to mention in Feb, I said play oil when it breaks $62.50 resistance and I expected that to happen in late spring. Well it did 3 weeks ago. http://stockcharts.com/h-sc/ui?s=%24BRENT&p=D&yr=0&mn=6&dy=0&id=p89929403056

I researched the sector fields and decided the Oil & Gas Equipment & Services sector was the best place to be at the beginning of a come back in oil. Money flows into expansion first. Picked up some USAC 2 weeks ago as it had a steady climb & 9% divvy. Which I got, entering just before the divvy X date. So I got 9% no matter where price goes now, but plan to hold for the oil come back.

It's hit resistance and may have a retrace buying op soon. X date was May 1st so new entries will miss this Q divvy.

At any rate; enough about my plays & plans, but:
It's TIME to think oil sector, IMO.