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 (449)	3/6/1997 6:19:00 AM
From: Gary K. Best	of 1017

Buzz, Sorry I missed your question about the technical status of CWEI. An important technical point was reached when the stock broke its downtrend by moving above $13.50. That was a buy point for me. You are right about a move through $15. There is resistance there and a move above will be very positive for making a new high. I am more concerned about the fact that CWEI did not participate in the very broad move by energy stocks yesterday. That is not positive. Gary

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