SEA 0.00% 16.5¢ sundance energy australia limited

Yes, it would be. Markets are surprisingly resiliant for mine,...

  1. 556 Posts.
    Yes, it would be. Markets are surprisingly resiliant for mine, and I'm happy to hold and trade SEA. POO in 2011 will be interesting IMO, with balancing factors strongly dampening clear trends at the moment. Remove a couple on either side and big moves are possible. POO above USD100 will see SEA share price move a fair bit I'm thinking. Debt worries and uncetainties associated with restructuring certain economies and cooperative agreements may play on markets and drag energy prices down, however the evidence to date is that we are muddling through and on the way up. My set of indicators (when reweighted with bias towards short-term data) have gone neutral, so I'm happy to trade bigger parcels of SEA and hold any that don't acheive a suitable turnaround. 2011 could be a very big year for SEA.
 
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