Way i see it, there's no getting around the fact we'll take a bit of a beating in the ST. However, Senex is transitioning towards gas being the main LT growth driver, oil revenues are paying the bills during this transition phase. ID has copped some heat this last 6-12 months but i dare say in another 12 months he'll be getting praised for his foresight, he may not be getting paid peanuts but he is definitely no monkey. With a LT view, very comfortable with my "over weight" positions in SXY and COE.....my FAR/KAR holdings on the other hand....
SXY Price at posting:
39.0¢ Sentiment: Buy Disclosure: Held
