This is a known problem with Swype, and happens every time you reboot the phone. Try un-checking Swype in Settings>Language and keyboard, then re-checking it. You will also need to re-select Swype as the input method by long press in (almost) any text input field, until the Input Method option comes up.
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Phone: HTC One X (AT&T version) Rooted, Bootloader Unlocked, S-Off
Tablet: Samsung Galaxy Note 8 (WiFi only) Rooted