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Gold/Mining/Energy : Swift Energy (SFY)

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To: Robert T. Quasius who wrote (1423)3/22/2001 3:56:18 PM
From: PuddleGlum  Read Replies (1) of 1602
 
If I had placed a stop on SFY it would have been between 29 and 31. Fortunately, for now at least, I didn't have a stop in place.

The p&f target of 80+ was nullified by today's action. We didn't want to hit 31, and we really didn't want to break 29, so I agree with Floyd that some serious technical damage was done here.

I think we need some production increases in order to light a fire under SFY. Good drilling news just isn't enough these days.
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