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Non-Tech : Dorsey Wright & Associates. Point and Figure

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To: wizzards wine who wrote (8511)7/1/2000 5:47:06 AM
From: Ditchdigger  Read Replies (1) of 9427
 
good morning Preston and happy 4th to all. Well, still holding CHK and staying very bullish on natural gas, any new opinions on CHK, all I see is X's and am finding it hard to get much interpretation out of the charts. Thier acquisition of GOTH yesterday appeared to be well received by the street,,this deal was easily predicted IMO, due to the companies prior involvement. Thinking I will just hold long until I see the fundy's of natural gas change. The deal values the gas received at approximately $1.05 per mcf, with ng futures trading in the $4.50/mcf range, it looks very good for CHK shareholders,IMO...What's ya think?
;^) Kenny
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