Thank you for the reminder about 1999-2000. It is like we have all new people in the market and they don't have a clue that the big boys like to pull the rug out and make money on the down side as well.
This overpriced stuff can't go up forever. I have surfed many boards tonight and there is a lot of nonsense about "can't stop the rise" and unfounded optimism. Just like in 99-00. I see the writing on the wall if not this month then next. We go down and test some lows.
This market isn't going to test any lows, you silly permabears.
The lows were set in 2002 when it looked like a Japan deflationary cycle was actually a possibility and corporate ethics were in question the the US with worldcom. Not to mention the bottom fell out of the dollar. ALL OF THAT has been dealt with, in one way or the other.