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Investors Title Co. Message Board

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  • pmlljl pmlljl Jul 2, 2008 9:35 PM Flag

    Seeking blessings from the bear


    The bear seems to be in full control now and he is probably not ready to hibernate any time soon. Therefore I have given up plans to buy any stocks in the immediate future. I had recently been making a few trades in COP and BP. Yesterday I sold my COP at $94.35 and today it closed at $90.75 even though oil closed at a new all time high. I am still holding the last of the BP that I bought at a loss. It appears that investors are now willing to sell whatever they can to get their hands on some cash.

    Long live the bear. I will suffer with the masses with the two stocks that I still own. I think the time machine is starting to accelerate. Fasten your seatbelt!

100.50+0.57(+0.57%)Jul 29 4:00 PMEDT