L_T wrote:KENA I'm interested in your opinion on the chart for CHK. Seems like a real dog given the (sort of) strength we've seen the past few days in broader market. Maybe a potential short candidate when (if?) everything start to roll over.
Anyone else please feel free to comment on CHK or any other candidates --- Al I have a real bone to pick with FCX here. I missed it in the mid-thirties and I've been kicking myself every day it has gone higher.
CHK could be ok but I think the up push might only be a couple of points.Energy CO's should be good now and some pay good dividends.The dn move may be liminted and may only go with the mkt.The range may be narrow.There may be better ones out there to short.My list of shorts right now are very thin.
Petsamo wrote:The Nikkei & Hang Seng dropped their markets from their open; India stayed flat. So, how come Europe is so excited? Europe closes one hour after US starts trading ...
the so called Italian rumor is driving the market up.
That was actually a warning of a potential sell off, of which I participated in.
Thanks for the reply. By "the range may be narrow" do you mean on a % basis or point by point?
KENA wrote:
L_T wrote:KENA I'm interested in your opinion on the chart for CHK. Seems like a real dog given the (sort of) strength we've seen the past few days in broader market. Maybe a potential short candidate when (if?) everything start to roll over.
Anyone else please feel free to comment on CHK or any other candidates --- Al I have a real bone to pick with FCX here. I missed it in the mid-thirties and I've been kicking myself every day it has gone higher.
CHK could be ok but I think the up push might only be a couple of points.Energy CO's should be good now and some pay good dividends.The dn move may be liminted and may only go with the mkt.The range may be narrow.There may be better ones out there to short.My list of shorts right now are very thin.
L_T wrote:Thanks for the reply. By "the range may be narrow" do you mean on a % basis or point by point?
KENA wrote:
L_T wrote:KENA I'm interested in your opinion on the chart for CHK. Seems like a real dog given the (sort of) strength we've seen the past few days in broader market. Maybe a potential short candidate when (if?) everything start to roll over.
Anyone else please feel free to comment on CHK or any other candidates --- Al I have a real bone to pick with FCX here. I missed it in the mid-thirties and I've been kicking myself every day it has gone higher.
CHK could be ok but I think the up push might only be a couple of points.Energy CO's should be good now and some pay good dividends.The dn move may be liminted and may only go with the mkt.The range may be narrow.There may be better ones out there to short.My list of shorts right now are very thin.
I forgot about the MF Global transfers over the weekend. Because of the margin rules they needed to market to close up on Monday or else there might have been problems.
To L_T.I'm still short CAT it has not done much but will be good short if mkt goes dn.Sometimes it goes by its self.Right now it has consolidated and tending dn.
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by the way, is "maintain the target" or "maintain the call" correct English?
Should I say "reiterate the target"?
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