03-09-2020, 11:32 AM
(03-09-2020, 11:20 AM)divmenow Wrote: Bought some CAH, EOG and GD
Watching RDS.B and a few other oil names. Want to pull the trigger but my finger just wont quite hit it lol
I have a ton of lowball limit orders in because I don't know if the market will pullback an hour from now. I'll go back soon and adjust a few of them up some so I don't completely sit on my hands today. Don't have to hit the absolute bottom for some of the entries to look real good in just a few months. ENB is the only "oil stock" that has caught my attention. The dividend is as good as an oil major, and they move oil, not sell it. They are getting killed with the sector today. Going down with the sector funds I suppose. The need to move oil demand hasn't fallen 30% this years is my thesis. Gotta have a thesis lol.
Picked up a few shares of CAT and LMT today. Doubt it is the bottom but it was a good average down for my position.