Swift Energy (SFY) Message Board

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Gold/Mining/Energy : Swift Energy (SFY)

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To: Mark who wrote (705)	3/8/1999 6:24:00 PM
From: FloydP	Read Replies (1) of 1602

From a TA perspective, SFY is solidly above its 25 day MA and still well below its 50 and 200 day MA lines. The 25 day MA is a very early warning for trend changes but is not always the most reliable. Its prone to whipsaw action, but lets keep an eye on the 50 day. SFY is my largest stock holding and I don't plan to sell any of it. The rough rule of thumb is a 1 cent move in NG for every 6 cents on crude. We'll see 21 on this stock during 99. I'm betting some big bucks on my personal beliefs.

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