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Gold/Mining/Energy : Chesapeake Energy CHK

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To: Ann Corrigan who wrote (274)10/12/1997 11:32:00 PM
From: Wade Sickler   of 726
 
Ann,
CHK closed just below its 150 dma on Friday. Ordinarily, a stock would pull back for a bit from here and consolidate its recent gains. CHK seems to have so much strentgh (including a 750k share and 1 mil. shr block purcase, however, that I think any pull back will be short lived. This stock looks like it wants to go a lot higher.

Wade
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