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Gold/Mining/Energy : Swift Energy (SFY)
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To: TRUE_TRUTH who wrote (1351)12/14/2000 6:52:35 AM
From: FloydP  Read Replies (1) of 1602
 
A gap in the NG daily price chart exists between $6.60 and
$7.00. One more day of downside should close that gap and
further upside will ensue out of a pennant formation. Thats
my take on the technicals.

As far as the price of SFY, it appears we will all have to
endure yet another round of dilution due to the calling of
the 6.5 converts.

At least we now have a president who would appear favorable
to the energy sector. George W. will find working his charm
in Washington will be a little more difficult than with the
good old boys in Austin. I hope during the next 4 years he
makes an effort to come to California and win over some of
voters here. Except for Orange County, San Diego and desert
communities, this is a purely Democratic state.
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