09-26-2018, 05:40 PM
Bought BP today, and sold an at the money call in CVX to maybe up that position which has done well. I am weeks late adding to energy. Kicking KMI out of the stable very soon. Owned it over 5 years and it is way down. The fact it is not moving positively at all with a huge move in oil prices is my clue it's time to leave. We'll see if that is a good move or not soon enough. I was patient. I might be more patient had I purchased it at these prices. They lost me when they cut dividend when I needed it, while the stock was already way down.