Hi Trades,
I clearly agree with you, something is going to pop and soon !!!!
Hope Wayne and CeeJay see these posts and update the chart and Wx thoughts.
If there was ever anything to that 7-10 stuff, we are right there now on Ng, and when I think about it, the 7-10 just may be the typical "elastic limit" of a "rubber band" !!!!????
I know I may bore you with some of the non TA thinking, but you have the charts so well covered, I mignt as well spend some time in the "quicksand/bay mud" and see what comes up !!!!!!
Post what you find/see in the stock/Chesapeake arena. I strongly sense that what is going on right now is that the large "well bankrolled" players with good Crude/Liquids revenues that keep the "lights on" are seriously looking to "gobble up" the small players along with their leases !!!!
We'll see, but the little guys can't keep producing at a loss forever !!!!
Thanks, Lee