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Gold/Mining/Energy : Chesapeake Energy CHK

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To: Gabor who wrote (456)12/24/1998 12:06:00 PM
From: Aquaman  Read Replies (1) of 726
 
Gabor, remember the history of CHK, this year they made a major move from oil to gas in order to hedge future position in case
the oil prices stayed low....a good run of cold weather is what CHK
was betting on. If the next 60-90 days are cooler than usual then CHK will be up due to market position.....I just bought another 1,000 yesterday ......all oils and related services are down.....some are at record lows. Have a look at OEI and FEN...OEI is offshore and should come back faster than land based oil. I just bought back into both as they are at record lows and are a long play.

"When your at the top of hill nowhere to go but down, when your in the valley only place to go is up."

Gabor etal....Merry Xmas and Happy New year ..."I hope Santa's helper shows up wearing your favorite outfit".
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