Thump's Place FL

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Posts : 1540
Join date : 2008-05-16

PostSubject: Stocks   Wed May 26, 2010 7:41 am

You bought some stock yesterday? Markets down over 10% so hopefully that was the correction although there could be some more pain.
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Posts : 2725
Join date : 2008-05-13
Location : Central Florida

PostSubject: Re: Stocks   Wed May 26, 2010 10:47 am

Yeah, I bought Helen 50 shares of Chevron and 50 more shares of Philip Morris International while
the market was at the bottom (short term bottom, who knows medium term).

She already had Exxom Mobil so we're done with Oil for her IRA, she's almost 10% in oil now.
Chevron pays a lot better dividend that Exxon but she's got twice as much Exxon.

I could tell from the charts that the S&P was testing the breakout and it held.
EDIT: Still holding - 5:11 PM

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