oil up, page-46

SXY has good assets that are increasingly in demand. Looking ahead to when that demand is being met, today's share price is just nonsense. But remember, the sharemarket can stay irrational for longer than you can stay solvent. So one way to play SXY is to put in unborrowed money that you don't need for a long time, and then go fishing or sailing or bushwalking or whatever takes your fancy. I'm in at 0.25, so anything close to 0,40 is passable, but I'll wait a while longer. I see no reason why I won't get over 1.00 in due course. The fishing wasn't too good last week, maybe I'll go again pretty soon.