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Gold/Mining/Energy : Big Dog's Boom Boom Room
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To: CommanderCricket who wrote (4508)9/27/2001 2:26:16 PM
From: ItsAllCyclical  Read Replies (1) of 206223
 
Finished covering KWK position today. I think it can much lower still, but my first target has been hit. Will wait for rebound to reshort. Due it's thin nature and it's short interest outstanding a spike back to 14 would not surprise me. However I could also see it going straight to 8 from here. Would rather have the cash for now as it's a 50/50 risk/reward ratio short term.

Concerned about a rebound in energy short term due to war concerns.
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