Man Snoop, I want to thank you again for reminding me about FOE, we have made some nice money on such a short hold. I think BP is a good bet.
For some reason I never have liked HUN, though I am sure you will do well. Last week I sold 2/3's of my DOW shares I bought in the 22pps to 24pps range a few months back. I will also buy back if we get the mini correction I am waiting for. DOW still has lots of legs, on good financial footing since their last large acquisitiong and with the crush of NG prices they would have a great second half.
Got to go, Austrailia is humming and have to get ready for Japan open.
NNBR and FOE both are doing nicely. I like BP in the OG space. The gulf has recovered much quicker than I ever anticipated and over next several years, BP should continue to raise their dividend to 5% plus. Bought some HUN today with 3% dividend. Looks like the pullback is happening on SEH. Good call.
nice volume at end of day. Someone still trying to get in. Feels like it wants to go higher. I have been surprised that after the big run up we have not seen more of a pull back. I think we go higher. JMHO