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

To: PuddleGlum who wrote (709)3/10/1999 5:04:00 PM
From: Mark  Read Replies (1) | Respond to of 1602
 
PG - I suspect that this time we will continue to be OK. I think
that there is just too much political pressure gathering for the
whole Oil mess NOT to be sorted out.

Another good volume day today, and we closed up. However, we haven't
yet had a truly high volume (breakout) day. I suspect that in the
absence of any bad news, it is only a question of time.

I sold my Intel* yesterday to get into EVER. Every single one of my
stocks today was in positive territory. This is the first time in
about 8 months. I'm now back to 60% of March last year. Things just
HAVE to get better!

(* I am VERY worried by the PC sector. We've had a rash of earnings
warnings and downgrades, and the ONLY things holding it all up are
INTC and MSFT. If either of these misses, we'll have an avalanche).

Mark



To: PuddleGlum who wrote (709)3/10/1999 5:37:00 PM
From: FloydP  Read Replies (1) | Respond to of 1602
 
I think we have essentially a "free ride" on Swift up to the 23rd of
this month which is when the oil patch ministers have their next
meeting. As you know, anything can happen when greed gets the
better part of any of them. They have had enough pain during the
recent past (much like they did in 86) to get their act together.


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