If I keep claiming the bottom I bet I get it right one day. I won't put a time frame on that though. your right about money on the sideline though. There's no one standing there with a starters gun though and people at the moment are very cautious. There'e nothing in keeping it in the bank(interest)but people want the security that they aren't going to loose any more, even on paper. But there will come a time when people willreaslise that there are safe and better returns in the market.
AMU , new wells coming on line monthly and 60% of their oil hedged at US$55(AUD$84.00) their cheap.
If I keep claiming the bottom I bet I get it right one day. I...
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