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Strategies & Market Trends : John Pitera's Market Laboratory -- Ignore unavailable to you. Want to Upgrade?


To: John Pitera who wrote (10689)11/27/2008 9:06:45 PM
From: Stoctrash  Respond to of 33421
 
JP,
CHK looking worse.
Big phat stock dilution.
Just when we think something has turned the corner..."BOOM" another goblin jumps out from behind the woodpile.

Stuff like this just solidifies my move over the last many years to put the bulk of my bets long or short w/index tracking & sector ETF's. Chance of a 50% blow up over night is (or until recent market activity!) lower risk.

(my small Vegas call play on CHK earlier this month went out like Vegas usually does -- a zero,,,fwiw)

biz.yahoo.com

I started to nibble at the QID again yesterday...rest is cash.

Happy Thanksgiving to All...!!