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No Replay

It’s kind of curious:

Most every single person I know participated in the massive tech stock rally in the late 1990’s..

Yet the (almost) equally massive energy stock rally of 2004-05 (which just hit a big bump in the road) has not been that popular a topic.. real estate seems to have cornered our brains.

I’m thinking this energy rally is far from over in the long-term. Without even detailing the bullish fundamentals of the industry.. Rarely does a huge bull market end until everybody & their mother is talking about it.

Aside from muttering at the gasoline pumps, the silence is deafening.