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Gold/Mining/Energy : Swift Energy (SFY)

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To: PuddleGlum who wrote (1576)12/17/2001 3:55:48 PM
From: fp_scientist   of 1602
 
Puddle,

Pretty weak action today. Trading at 17 and change with a few minutes to go.
I think that ---among other things--- the stock is being punished for tax loss selling.
My experience is that it may not abate until the last week of the year.
It is probably all retail, but with the weak commodity prices and some NZ disappointment ...
hard to tell where the bottom is.

On the positive side, there has a significant change of sentiment in the Yahoo board, which
has turned negative, and some of the hard-die longs bailing out (if I remember correctly
some of their handles ... but I am not totally certain).

I am looking for a good reentry point but I'm in no hurry.

fp
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