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Strategies & Market Trends : AMIGOS INVITATIONAL YEEHAW PORTFOLIO -- Ignore unavailable to you. Want to Upgrade?


To: Ditchdigger who wrote (1125)8/21/1999 4:51:00 PM
From: Sergio H  Read Replies (3) | Respond to of 1316
 
<Natural gas currently trading at $2.93,,and CHK continues to be under pressure.>

A look at the pressure:

timely.com

DD, another moving avg. crossover is developing, wich would carry natural gas to new highs. Watch for confirmation on natural gas chart
and subsequent carry over to CHK. CHK shorting acitivity appears to be a hedge on natural gas play, due to CHK's strong run-up in the past few months.

Sergio