Hey, I'm with you on the valuation but never underestimate the power of Bernanke bucks and a good algo robot. Of course when things start crashing all the talking head idiots on TV will be either surprised or act surprised I should say.
Has nothing to do with bernanke dollars when it comes to growth stocks. Sure the Walmarts, the mcdonalds, the ibm's, etc because of their generous dividends. But lululemon is basically another version of gmcr. I don't underestimate the "irrationality" of the market, but Apple, GMCR and many others show when valuation gets out of control, reality is not too far behind 12-24 months.