Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Gold/Mining/Energy : Swift Energy (SFY) -- Ignore unavailable to you. Want to Upgrade?

To: PuddleGlum who wrote (866)	8/8/1999 4:10:00 PM
From: Mark	Read Replies (2) \| Respond to of 1602

Re: P&F. SFY broke the bearish resistance line quite some time ago, but hasn't given another buy signal since then. 12 1/2 is the next buy signal and I wouldn't hesitate to add to my position at that point. Columns of X's or O's only need a move of $1.50, since that represents 3 boxes for stocks under $20. Since the bottom of the present "o" column is at $10.50, doesn't the next column get established if the stock touches $12? Or is that different from a "buy signal"? Yup, CSFB may have a vested interest, but their arguments in the rest of the article were credible - they even expected current year earnings to be a lot less than the present average. I'll be happier though when Prudential says the same thing! Mark