racerz

Loss of Clarity on Chesapeake's Peak

I've been in this game for 45 years buying, selling, holding, and even some day trading a few times. Never have I seen a market so absolutely crazy and I'm near 60 years old. I'm bullish on BTU and CHK at these prices, and have added to positions the last two weeks. I don't care if BTU and CHK fall further, becuse the longs are going to be partying this winter when reality comes home to roost. If BTU or CHK raises its dividend (BTU's earnings tremendous), the shorts/puts will go scurrying quicker than expected.
I also like ACI, and have added to my energy heavy portfolio with this one,too, as I have with Freeport - FCX (yes, pricey but great stock) and ABX in the metals sector.
Thus, you all know what I think is coming--and again, let the prices fall and I'll keep buying. Gas, coal, gold -- we're going to be fine.