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Strategies & Market Trends : Value Investing

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To: Spekulatius who wrote (31785)8/17/2008 5:26:02 PM
From: Paul Senior  Read Replies (1) of 78722
 
Oil integrateds. Yes, shoulda/coulda/dint sell all oil/gas at the BP sale. BP just seems to continue to have one major headline problem after another, so I sold it.

The stock prices this year all seem to be strongly correlated:

finance.yahoo.com

So maybe buying (or selling) any now will give the same results.

I'm buying more XOM. Have an order in for a little more tomorrow. XOM at 12-mo low, d/e very low, 10% ($7.60) of the stock in cash. Dividend is nowhere near as good as some others (BP/E), but it gets increased every year. (I hold a few shares of [t]BPT[/t]in a Roth account where I presume I won't have to deal with tax issues relating to a royalty trust.

As regards other stocks:
I'm out now of RDS-B. (have no A shares either)
COP - holding a full position
TOT- have a position, may add more.
PCZ- have a position. Have added at higher prices than current
SU- holding an overweight position. (Not a buyer at current price.)
E - holding a few shares. Should I be concerned about its Russia/Georgia business?
CVX, OXY holding all shares. Have several- most- others - SSL, STO, MRO, McDep's, Brazilian, etc.

TLM- I'm adding more
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