chuzz...bubble,bubble, toil and trouble...
numbers mean nothing anymore chuz, if they did you wouldn't see the high prices in stocks with no intrinsic value. it's not dutch bulbs, nor "change the grease in the chicken fryer while you wait", its not manhattan bagel or k-tel,or even wt grant, it is the wealth that people have created with the bubble investments and the fact that many of the "gamblers" have taken money off the table, my day trading neighbor without a clue who just bought a porsche carrera on her profits from the ridiculous adsp runup, many have won and have made major capital purchases with same. it's a 401k self fulfilling prophecy...you have to change with the times...don't see anyone rushing to buy brka or even brkb...they tasted blood and they are addicted...it's a mania agreed....
not saying it is correct, but i've opened my eyes up enough to accept reality and change.......no more pure bull or bear trends, just a volatile whiplash upward ride.....it's real, the only thing that will stop it is if cash stops flowing in....every month, quarter or year more money for more tulips.......
all are not like you, pragmatic, realistic, logical, finite with numbers............if they were we would have orderly markets where analyst analyzed, not opined....
cheers...ed |