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Gold/Mining/Energy : Swift Energy (SFY)

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To: Mark who wrote (651)2/15/1999 8:00:00 PM
From: Robert T. Quasius  Read Replies (1) of 1602
 
I also hold TMAR. I've already increased my holdings in TMAR, RIG, XTO, and SMIN, and likely will increase my holdings in SFY soon. I also hold AXAS and MIND, and will likely increase my holdings later this year.

NG prices should turn around faster than crude oil prices. Nearly all NG in the US comes from North America. There is less storage available for NG, and NG wells don't last as long as crude wells.

IMHO, we may see prices drift down for a couple of months, then by mid-year we should see a rally begin in NG producers like SFY.
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