CHK: Short Here at $47.50

March 19, 2008 2:08 PM

It appears that $48 area should be a lid on CHK today. If it gets much above that I would need to look at see what’s going on. The hard stop is above $49.87 as I said……$47.50 is short right here…IMO. I would rather short higher…but it may not get there…

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