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S&P 500
5,321.41
(
0.25%
)
US TECH 100
18,243.60
(
0.26%
)
Dow Jones
39,872.99
(
0.17%
)
Brent Oil
82.16
(
-0.35%
)
Bitcoin
70,102.40
(
-0.04%
)
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tmcal6

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tmcal6

Re: nutsaboutgolf2001 post# 5224

Thursday, 08/20/2009 8:41:50 PM

Thursday, August 20, 2009 8:41:50 PM

Post# of 17739
IAE.to

I bought more also making it my second largest position. I believe traders had higher expectations and did not understand the strong cash flows and the large charge for depreciation of assets or reserves. I will buy more on any material weakness, even if the price of oil moves lower, because you never know when there may be news or a good analyst report out on it.

tmcal6
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