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Gold/Mining/Energy : Clayton Williams Energy (CWEI) OIL
CWEI 131.900.0%Apr 25 5:00 PM EST

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To: Gary K. Best who wrote (630)4/21/1997 7:38:00 PM
From: Craig Gantner   of 1017
 
Gary ... Not a total lack of buying interest, got my order filled today so figure on at least another half a buck drop :-)

Take a look at all the NASDAQ stocks today and the past week. The only buyers seem to be jumping on INTC and MSFT ... how long can that last? Also take a look at the rest of the SI boards ... CWEI is in no tougher shape than the rest, sentiment is horrible all over the place. I have heard that you need a "capitulation" sell off in order for the correction to be over. I think we are very close if not there.
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