Replies to post #568 on Chevron Corp (CVX)

[Trader Al]

I watched it go down over $30. It hurts. I am just worried that dividends might not be safe. If they cut dividends, I can see lots of downside. In the meantime, I am just selling covered calls for some extra income. It is not much, because the premium is low. You got to think that the bottom is in. I mean hope.