Jeez how much Carl Icahn is loosing now on CHK and LNG? I guess maybe its safer to buy their bonds now. That way maybe it would be possible to get back at least some of the money in case of bankruptcy... What do you think about LNG export prospects? In a way cheap NG could be very good to them provided price differential stays large enough. One thing I have in mind is that companies with some good assets(like CHK?) could be targets for takeover at these levels. However I am afraid to buy against such a momentum. Lets wait for monthly A up at least
After thorough testing today, my SPX and Dow Quarterly A down levels held and price closed above. What a day. Still need follow-through to believe they held.
Mav you are invoking Zeno's paradox. Did the rest see this: http://www.cnbc.com/2016/01/20/bridgewaters-dalio-feds-next-move-toward-qe-not-tightening.html I realize now Red Baron already posted the link check it out though
For any 401K folks trying to look past to oilpoclypse: Noodles & Co (NDLS) confirmed on the 30 day #L, and made a good monthly and weekly A up. Just trying to provide some levity