Wednesday, March 5, 2008

CHK Setup


CHK- You could make an arguement that this is extended but if it can continue and break through $46.90-47 on strong volume I would do the trade. Big short position in nat, gas futures in here.

2 comments:

Jack said...

I have owned CHK since 17. A very long time. I sold yesterday after Cramer said to buy it. He has been neg on it for over a year. Never fight a stock that has been cramerized

upsidetrader said...

hey jack

lol i know what you mean with that airbag

upside

About Me

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I am a former hedge fund manager, broker and capital markets dude who now trades for his own account. I love what I do. I will try to post some stocks and an occasional chart that looks attractive for entry.I will also try to point out the idiocy of conventional wisdom and the lack of value added by the mainstream financial media. These postings should not be viewed as recommendations.