Seasonality
December 05, 2009
– Comments (7) |
RELATED TICKERS: CHK
, SD
, LINE
I ran a screen based on seasonality, and then my own charts ... I had to write my own code to do that ... and it appears that CHK offers "volitility " peaks and dips, ... both buying opportunities, and selling opportunities, in the chart overlays that occur even during the winter "heating" season ... over the next 10 days, NY City will be down into the 30's F ... and the brokers, and floor traders will be forced to think about heat as they pop in and out of the cold. ( Smiling and grinning - yes I am! ) That should be real good for CHK, LINE, SD, etc.
In a personal note: Nat gas is abundant in the USA and burns cleaner, and cheaper per BTU, than coal or crude products and so is better for the planet AND the consumer pocketbook ...
If the USA converted ,,, just 30% of its nationwide trucking fleet to Nat Gas ... we'd see the air pollution drop nicely, and the trade imbalance drop, and crude prices would also drop on reduced demand. WHY are we sending dollars overseas when we DON'T have to?