The bulk of what I have was bought at around 29 so I didn't add any more
yet but will if it breaks 28 tomorrow. I know this is contrary to how
tech traders do this but I consider this drop nothing less than a gift due to
the strong fundamentals. In the after market, when the tropical storm
was gaining strength and looked like it could become a hurricane, CHK jumped a
half buck and then when the track was announced, it dropped back. I
don't have a definitive plan for adding other than I was serious when I said
if it gets to $25, I'll buy a block. (I hope no one is following my path
here .. If I were you, I would trust Ira more than Bob)
Good trading
all .. we have volatility .. finally!
Bob
At 12:33 PM 6/12/2006
-0700, you wrote:
Still
downside pressure on the stock. The key here is if the 27 3/4 - 28
support level will hold. If not, look for 27 -27
1/4.
Still no buy signal on this
one. Hope that you are not acquiring to aggressively as yet Bob.
Just one man's opinion.
Ira.