Everyone's going to want a piece of this

I've said several times that at least I should have been cynical enough to see what was coming in 2000, with the election of George W. Bush and Dick Cheney stealing the White House election.

Face it, we all should have bought oil stocks.

Oil and Halliburton--all we could have gotten our hands on, absolutely.

So now? Now that everyone thinks we may have hit the bottom of the market?

A couple of things are going to happen, here, folks.

First, there is going to be, as my partner, Michael said, some very real "irrational exuberance" that's going to kick in.

Everyone's going to want to make up in profits what they lost in the last few years, with this down, bear market.

And second, a whole bunch of people are going to get on that band wagon and buy oil stocks like crazy.

Today it was up to $53.00 a barrel.

That will look like such a bargain in no time, it won't be funny.

Really, it won't be funny.

Every household and speculator--everyone--is going to want to buy in to the roaring oil markets.

Congress should shut this down now by regulating the speculation markets for oil.

But they won't.

Hang on to your seats, folks, it's gonna be a bumpy ride.

Link to markets story today:
http://www.marketwatch.com/news/story/energy-stocks-join-rally-petro-canada/story.aspx?guid={81E7937A-5152-44A8-A238-BFD96B830764}&siteid=yhoof