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Gold/Mining/Energy : Swift Energy (SFY)

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To: Ed Ajootian who wrote (769)4/20/1999 2:20:00 AM
From: PuddleGlum  Read Replies (1) of 1602
 
Ed-
Immense volume, as you noted, is making this stock look pregnant! Stocks that lag in a sector tend to stay as laggards, but I'd be grabbing lots more shares right here if I weren't getting ready to buy a house.

After studying lots of charts tonight, weekly OBV and bar charts, p&f charts, and using some home-made indicators I'd say that all sorts of basic materials stocks are in for a continued move here.

But I'm known to bounce off the walls a bit when things go up or down a lot, so take this for what it's worth.

pg
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