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

To: Mark who wrote (877)	8/23/1999 5:11:00 PM
From: Mark	Read Replies (1) \| Respond to of 1602

Well, we broke $3 today on the futures market! Checkout - charts.quotewatch.com The rise is credited to the GOM tornados (so kudos to PG for pointing this out to us). However, one comment that I heard today on CNBC was, I think, more significant. Apparently NG output in the GOM is down 5% year on year. Given the fine balance between supply and demand, I think this is pretty significant (especially as my drilling-lag theory suggests that the low point in output is still a quarter or so away). As far as I'm concerned, the futures market can continue to focus on these "short term" issues. So long as NG gets up to $4, I don't care what logic is used! Mark