Gottcha,
I hesitate to even think what Mr Irrational/Mr Market might ever have to say, but must say I am back to thinking with a 2 to 3 year time frame a new ath is plausible, and that we might never see a 4 handle after 2010. I prefer to focus of what type of future cashflow generation I get for my money, and how well that cash is likely to be husbanded.
But really I am too biased on this one, imho you should put greater store by the sentiment of the likes of Oncer, well known as a past sceptic, or in the sentiment of steady informed investors like Stefanis who have less historical baggage with the stock than I do.
EL
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