Monthly Cash Machine Newsletter, Friday, 01/27/2006 06:03:23 PM ET
CHK taken off WATCH LIST
by Steve Gail
HAVING TROUBLE PRINTING?
CHK taken off the WATCH list
closes above $32 a share
CHK comes off our WATCH LIST
This leaves NO positions on the current WATCH LIST
Recent performance of CHK with a close above $32 ($32.34 on Friday) has CHK removed from our watch list.
As stated in last blog CHK remains a good play, esepcailly in light of the uncertainty of energy prices and tension in the middle east..
Eventhough the stock has been taken off the WATCH LIST. If the stock drops and closes under $32 again, we will again place the stock back on the WATCH LIST.
In addition we are straight cancelling our OPEN -GTC spread orders in SOX and QLGC as we feel they have moved to far away from our targets to get executed.
This leaves only RMBS on our
OPEN -GTC - OPEN ORDER LIST
OPEN - GTC LIST