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Strategies & Market Trends : Three Amigos Stock Thread -- Ignore unavailable to you. Want to Upgrade?


To: Sergio H who wrote (19982)5/21/2000 4:41:00 AM
From: Ditchdigger  Read Replies (2) | Respond to of 29382
 
Sergio, you could be right about a CHK retrace to 4.5, we'll see, I'm a going ta ride it out until I see the fundemantals of natural gas change(and I don't see that until after the Winter, if at all)...P&F chart of the Naz comp shows us to be at a decision point,,I may be fully invested shortly,,would love to see us hold this 3360 area...(could set up for a higher bottom off the the late Nov., early Dec. low)
stockcharts.com
My guess is, real estate prices are now topped out, sure seems that way around here..Mortgage rates have come up rapidly,,where will that cash go if it doesn't buy a house?
Late next year, I may look into purchasing some property,,while the folks who bought at the top realize things aren't so hunky dory,and buyers are gone...<g>..



To: Sergio H who wrote (19982)5/23/2000 1:14:00 AM
From: LAWRENCE C.  Respond to of 29382
 
Sergio, I did my short term profit taking on CHK and watching to get back in.
Lucky Lawrence