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: Buzz Mills who wrote (439)	2/28/1997 12:28:00 PM
From: Buzz Mills	of 1017

Maybe we have just seen a reversal............. CWEI after opening at 12 1/2 and trading down as low as 11 3/4 and penetrating the 200 day moving average line, has now come back up to 12 5/8 on a volume of 65.1K so far (a bullish sign). If it holds at these levels perhaps the bullish double bottom has now been created and with earnings coming out next week, we may see some upside to this stock (finally) --it is at least an interesting scenario.

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