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Strategies & Market Trends : Dividend investing for retirement
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To: E_K_S who wrote (28943)4/11/2018 5:59:16 AM
From: Ditchdigger  Read Replies (1) of 34328
 
With the price of oil 30% higher than a year ago and the XLE down 3-4% in that time, I just don't see it as the time to sell energy stocks, but that's just me. Commodities tend to do better in the back half of an economic cycle (why I bought XLE, SQM and CPD) We'll see, just seems like mispricing of either oil or energy shares. XLE had a triple top breakout yesterday, now up against a spread double, so who knows.(saw EPD bumped the dist. by 3%)
I also have very little faith in any of the governments reported numbers!

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