Is what happened today. And the nasdaq climbed. 65 . What exactly defines crazy town . Its the worshipping of the false god of higher oil. Or even the demi god of slightly higher oil. This bullish stock pandering to the rising stock of oil was a threefold impact on the market that defines crazy town because its so darn positive. Why do the bulls like what do they like about all of us paying more at the pump or having our goods be more expensive because of the cost of energy. First to the crazy town aficionados, higher oil means less stress to the system. We are nowhere near the point where we dont need to worry about oil and Gas Companies going belly up. We need it at 45 a barrel to keep most Companies Alive in this country. Its being used up by cash strapped firms going after the lowest hanging fruit in the portfolios. At 45 so far from here the trouble with Oil Companies can sell futures and lock in, say, 50 bucks a barrel which keeps them around to play o on and maybe pay dividends.