why sxy ripe for a t/a, page-146

I sold SXY 2day when the momentum was not there after holding for a long time, 2013 I think.

Might buy back depending on the market and relative values in ORG, CTX, APA, OSH, AGL, Chinese Light&Power, APA, TransCanada but not convinced of SXY at present based on momentum signals.

Held SXY B4 Bancroft, Falzon's marriage to Warner and the Smith captaincy (Intern Peter Deppeler's press conference performance). It is sad to let go of dear old SXY. Much like Aussie cricket supporters of their cricket team, and South Africans of their Sonny Bill Williams face masks.

But IMHO u have to let go occasionally otherwise the market corrections and stockmarket crashes since ur whole portfolio. So SXY is a sell and buyback on weakness for mine IMHO.

We r sort of overdue a correction, across the whole market not necessarily oil and gas. Oil and gasers r too low for mine but there is a lot of value out there and a lot of oilers and gassers supplying that value IMHO but pls DYODD.