It Is What It Is………..

No, I’m not nat gas hater and no, I don’t prefer crude or solar or burning corncobs as a heating source.  I’m merely playing the charts in front of me and removing the emotion by pointing out that CHK continued its selloff today and nat gas has finally broken its support, diving off the cliff into the abyss called the *gap*.  It could be due to overwhelming supply.  I really don’t know and I care not to ponder because as traders, we’ll never truly know or maybe we’ll find out in six months but ultimately, it gets us absolutely no where right now but wastes our time and energy.  It’s best to simply trade what’s in front of you, move your stops and cash in as you go.

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