Contrarian market commentary and economic postings.
Saturday, June 26, 2010
BABY WITH BATH WATER?
Bear markets are supposed to unvail stocks at great prices, is the BP Bear going to unmask bargains in the sector? XOM now yields 2.9% I am monitoring the situation, have the other related stocks been unfairly beaten down?
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I have been writing about stocks and the market since the late 90's. My record of calling the last 2 , now maybe 3 bear markets stands. There is more to investing than just avoiding bear markets, but it sure doesn't hurt. I offer NO recommendation to buy or sell equities or trade any vehicle...I just offer my opinion for what it's worth. Consult with your financial advisor before taking any actions. this financial blog is for amusement only.
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