This link leads to a recent blog post by Joe Terranova (a stud when it comes to energy valuation, esp gas - but also a commentator who leans bullish and has been pretty on point this year). While his comment/comparison here isn't exactly new, the charts say a 1000 words and the thoughts for 2010 (as a repeat of 2004) are very provoking...
It may be worth riding this wave for those diligent enough to watch the economic and political climate to see how closely 2010 will indeed track 2004 (esp re: election topics, the inclusion of new debt items via healthcare, expiration of Bush tax cuts, possible carbon legislation/taxes, surtaxes on the wealthy via healthcare, penalties and imposed tax burdens on small businesses via healthcare, and potentially increased governmental regulation of the financial industry while also potentially reducing the Federal Reserve's independence).
Click HERE for the link to his blog entry.
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