RE:RE:SA Article on ARX - Dec 28It’s fun to watch from the side lines. I bailed long ago. Still took a considerable hit. The reality is nothing positive will happen to support can$ oil & gas for the next 2-3 years. The investment thesis just doesn’t exist in Canada. Seriously, why would hedge funds and institutional investors invest in Canada when you have a pro business government in place immediately south of the border. However, there’s considerable risk events on the horizion that can push SP to the downside. Until the lefties are outvoted in BC, AB and federally you’re better off investing capital in other parts of the market. Now that the 9 year S&P bull trend has been broken it might be prudent to keep a large chunk under your mattress. If we see a lower low materialize in Q1 2019 be sure to hold on with two hands. The SP drop experienced in December will feel like a carnival ride in comparison.