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


To: FloydP who wrote (919)12/4/1999 7:59:00 AM
From: PuddleGlum  Read Replies (1) | Respond to of 1602
 
Floyd-
SFY moved up on good volume yesterday. Most of the energy companies were down, so I interpret the activity as an indication of positive results leaking out for the NZ venture.

If not for NZ and the low p/e I'd be out of this one. I've got a stop loss under it, which I'll be raising this month. My tech stocks continue to zip skyward. I had 20% of my IRA invested in natural resources in October. Now it's 15%, not because I've reduced my position or because energy & precious metals have declined so much, but because everything else has risen. I'm going to dump my other e&p stock on Monday or Tuesday. NG just isn't holding up, and I've lost my conviction that it will recover. Another warm winter has done it to us again.

pg