SXY senex energy limited

Happy New SXY Decade

  1. 28,734 Posts.
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    Happy New SXY Decade, SXY holders, I think this is our decade !

    This year, we should see the fruits of our labours over the last couple of years err.. bear fruit/come to fruition - sorry is that too much fruit ?    Oil is bullish, the same energy hating media analysts who were bearish last year as POO rose over 20% still have zero cred - ignore them completely!

    is it fair to say last year only briefly breaking through 40c and the previous year much the same kind of brief excitement through 50c, both unsustainable over bought episodes that screamed profit taking opportunity to the traders (OK, and even me ) were false dawns... but I am interested to know what SXY holders hopes and aspirations for 2020 are, both operationally and in terms of SP... my gut feeling is the SP should start to trend up as SXY is derisked and results and profits flow without needing to get overbought and break down this time... theoretically it should be about now that a multi-year uptrend takes shape... in theory... what do you reckon? How high can it go this year for starters?
    Last edited by CEOChair: 03/01/20
 
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