I'm going with the upward trend in the steel production and have messed around some more with U.S. Steel (X) and AK Steel Holding Corporation (AKS). I got back in AKS at $15.94 and entered into another Jan 2011 call on X at $2.70 and closed the position at $4.30.
This morning I bought some Chesapeake Energy Corporation (CHK) on a breakout in the technicals. The tricky thing with this week will be volume since we are going into the Christmas week.
Update: Got in on CHK at market open at $23.93 and sold out 14 mins later at $24.64. As I am updating this, I left some profit on the table the high was $25.04.
2 comments:
Closed out AKS at $16.54
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