Clayton Williams Energy (CWEI) OIL Message Board

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Gold/Mining/Energy : Clayton Williams Energy (CWEI) OIL

CWEI 131.90

0.0%

Apr 25 5:00 PM EST

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To: Kendell Phillips who wrote (164)	12/13/1996 6:08:00 PM
From: Buzz Mills	of 1017

Go to: investools.com and set up the chart using a 20 day moving average; CWEI is revisiting this line on a consistent basis. The trend for CWEI by all means is up, but only so fast, and over time. We all saw what happened when CWEI rocketed up to 17 5/8 when it was recommended by the "Hot Stock Digest"; it got ahead of itself and it came back down. Lets look for steady and consistent gains over time. Last Friday, CWEI closed at 16, Bid 15 3/4 X Ask 16; today one week later CWEI closed at 15 3/4, Bid 15 5/8 X Ask 15 7/8. Considering the week that oils had, with the Iraq shipping oil fiasco and the DOW off for the week, CWEI has done very well to close at essentially the same level--most oils were down considerably over this past week.

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