Relax- the whole market is down and we were probably due for a correction anyway. Not sure on the retracement numbers and the whole FIB scenario but a period of consolidation before the next leg up would seem normal to me. Stocks cant keep climbing forever. Note Buru as a classic example. Sharp gains but also some steep loses. Overall happy with our progress. Management cant predict weather events and we now have measures in place should it happen again with the growler fields or was it snatcher. Even typing that makes me smile. If I spoke like that to my wife she would slap me down. I just tell her I am invested with Senex. Anyway I digress. There will be some down days but with our reserves from the shale drill yet to be released I'm hanging in there. A loss on paper is just that, a paper loss unless you sell. I still owe Davo a lot of beer for getting the SP to where it is today. Sure $1.20 odd looks better than todays price but be patient, we will return to that level and then some in my own humble opinion. :-)
SXY Price at posting:
96.8¢ Sentiment: LT Sell Disclosure: Held
