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Gold/Mining/Energy : Chesapeake Energy CHK
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To: Gabor who wrote (554)8/1/1999 9:35:00 PM
From: Ed Ajootian  Read Replies (1) of 726
 
Gabor,

I don't think a decline in the overall market that is prompted by raising interest rates will pull down the O&G stocks that much. They will go down a bit due to folks selling to meet margin calls on other stocks, but that's it.

The demand for energy is gonna be there whatever the economy is like, as long as we don't actually slip into a recession.
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