Yes seen the movie - he was sellimg for a buck a barrel and that was in the early 1900s but I hope we never end up like him.
Correct me if I'm wrong but inflation adjusted the highest oil has reached was in the 1870s - crazy but true.
Well, I'll say it first I think the worst is over - yes we still have Jan'09 to contend with but the next few months should be OK for the Dow (ended up the Friday with its biggest weekly gain in 30 years)and POO, combine this with 430 (market update), 430b and R59 and early next year R138 things should get exciting again.
..and yes I'm putting my money where my mouth is and still accumulating
Spozzie
ERH Price at posting:
12.9¢ Sentiment: Buy Disclosure: Held