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shaz said:
Brute 23 said:
Buy oil. It is taking a beating but it's always short term.
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What happens if/when Biden gets elected?
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I don't see that happening, but anything is possible. Go to you tube and search Biden gaffes. If this man becomes president, he wont be running the show.
 
Brute 23 said:
Buy oil. It is taking a beating but it's always short term.
Click to expand...

Bought some XOM on Friday before Saudi's response to Russia. Then bought some more Monday when it was down another 11.5% from where I bought on Friday.
Bought a small amount of BP this morning.

Both pay nice dividends and hopefully the Russians and Saudis come to an agreement.

Occidental cut its dividend today from .79 cents to .11...86% cut.
 
Hunter said:
Brute 23 said:
Buy oil. It is taking a beating but it's always short term.
Click to expand...

Bought some XOM on Friday before Saudi's response to Russia. Then bought some more Monday when it was down another 11.5% from where I bought on Friday.
Bought a small amount of BP this morning.

Both pay nice dividends and hopefully the Russians and Saudis come to an agreement.

Occidental cut its dividend today from .79 cents to .11...86% cut.
Click to expand...

That would be a good one as well as as SLB and some of the other big service companies IMO.

I had some money sitting in bonds because I quit buying S&P when it got so high. With the market fall I bought some Amazon, Apple, and an ETF that trades oil options.

We did the oil ETF last time it went down to like $22 and it turned out good.
 

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