While I think that your analysis on Phillips 66 (PSX) is spot on, I also think that XOM is in the same orbit. I just looked at each of the last 2 year's charts on them, they almost move in synch. Two months ago I recommended to friends in an investment club to buy (at 32,00) that this is an 80.00 stock, now it's about 58.00 ish My only problem is I have to learn to buy when my sniffer say's so. Thanks for the report
While I think that your analysis on Phillips 66 (PSX) is spot on, I also think that XOM is in the same orbit. I just looked at each of the last 2 year's charts on them, they almost move in synch. Two months ago I recommended to friends in an investment club to buy (at 32,00) that this is an 80.00 stock, now it's about 58.00 ish My only problem is I have to learn to buy when my sniffer say's so. Thanks for the report