did you notice how at 1100 spx no one said "we're not in a...

did you notice how at 1100 spx no one said "we're not in a bubble!" .....they said, we're in trouble, still in trouble...

we weren't

no one said "we're not in a bubble at 1200, 13, 14, 15..."

first time i heard the word bubble for equities was above 1600 spx....louder at 1700 and widely muttered at 1800 in that you know, educated-i-can-read-markets kinda way

of course none of those people were vocal when the spx was at 666....i bet they were at home washing the soiled underwear

is it just me.....but shouldtn the reverse be appropriate, i mean, if we were not anyway near a bubble at 1200 and suddenly within a couple of years we're 600 points above that.....well....we MUST be at a new "plateau" (cough)

hmmmmm

it's food for thought....i'm sorry, i dont have a book to sell you...



so, less coffee for me..... :)

let's do this next friday night when docterrr bob says: "max keiser doing for the trader what justin beiber is doing for musicians..."