JET1C

Chevron: Currently Cheap and a Possible Winner In an Economic Turnaround

"This intersection is saying that the market now believes that CVX is over valued and is likely to cut its dividend to return to a more normal spread versus the T-Bond."

This is not what is met by the intersection of these two lines. It only indicates the extreme measures that the treasury has taken to add liquidity to the economy. I don't disagree on the thrust of the article. I too am a dividend investor and an energy investor. I'm hopful that the ecomony will turn around in '09 and I believe that energy (oil, coal, nat gas and clean) will lead the way.

Best to all for the New Year.