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Gold/Mining/Energy : Swift Energy (SFY)

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To: FloydP who wrote (1506)6/23/2001 1:19:49 AM
From: PuddleGlum  Read Replies (1) of 1602
 
The technicals have deteriorated as others have mentioned, but the stock isn't in the hospital yet. A move down to $27 would generate an emergency call, but we're not there yet and we still have the Kauri option.

One thing keeping us from moving higher is that the tech stocks have gotten much, much cheaper while SFY has been sloshing around in the 33-37 range. I finally have some cash available to buy something, but I find that SFY is only the best play in what looks like an increasingly untimely sector. Not long ago I had $100 per share on the brain for SFY, but now I could find it in my heart to sell some much lower than that. I don't have Truth's patience. I don't want what little hair I have left on my head to be completely gray before I sell my shares.
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