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

To: PuddleGlum who wrote (712)	3/11/1999 6:44:00 PM
From: Mark	Read Replies (1) \| Respond to of 1602

ANOTHER good volume day and a positive move. At one point we were well above $8. However, NG futures went down a lot - closed about -10c - which took SFY back a little. Still, with continuing strength in oil it is difficult to see NG softening too much. We are way above the prices that took us down to $6, and I think it'll take some hard negative news to take us back there. PG - ORCL missed and got hammered in aftermarket trading. Tomorrow could be interesting. I suspect that we'll either see a significant rotation or the start of an adjustment. Either way, I can't see techs doing well for a while. If there is even a negative murmur from Intel, I fear that we'll have a house of cards. Mark