I remember the 2007 top very well and know the dot com bubble as well and remember maybe 1-2% were calling a top...you can pull out articles from mid 2000s about how most said there was no bubble in housing or back in the late 90s when they said there was no bubble in tech..same thing holds true again.
No one knows where the top is. It could be here or 8734 points higher from here but what everyone should know is that markets take the stairs up and the elevator down. You could see 5 years of gains gone in 5 months if a huge crisis were to take place...no one wants to admit it but its true. One single event that no one is expecting can turn this market upside down.
Glad you remember these lessons of HISTORY - 99.9999999% of ET can't see beyond a 1-min. chart but they're ready to come f**k with me about monthly timeframe and they come at me with demo accounts

and best part is that even on demo they can't risk $10 but pretend to be billionaires. YUK!!! The 2007 TOP's generation of a magnificent course in real-time and therefore LIVE to AfterLOS who then went on to save all the snippets of the torrent of stupidity and the green-eyed pussycats with caca bums who poured out effluent like it was molasses as shown below
Morgan Stanley's other famous Hi-So gurus and fiends, Ben Bernanke & Henry Paulson (= Treasury Secretary) from the October 2007 pre-CRASH top and their legendary anal-ysis:
June 20th, 2007 – Bernanke: The mortgage debacle “will not affect the economy overall.''
July 12th, 2007 – Paulson: "This is far and away the strongest global economy I've seen in my business lifetime."
August 1st, 2007 – Paulson: "I see the underlying economy as being very healthy,"
October 15th, 2007 – Bernanke: "It is not the responsibility of the Federal Reserve - nor would it be appropriate - to protect lenders and investors from the consequences of their financial decisions."
May 7, 2008 – Paulson: 'The worst is likely to be behind us . . . . ”
May 16th, 2008 – Paulson: "In my judgment, we are closer to the end of the market turmoil than the beginning."
July 16th, 2008 – Bernanke: On Freddie and Fannie: “They will make it through the storm”, "… in no danger of failing.","…adequately capitalized"
Only two months later both were nationalized.
February 14th, 2008 – Paulson: (the economy) "is fundamentally strong, diverse and resilient."
For 3 months now at ET I've been running into the sons and daughters of these magnificent jackasses - they know nothing but come at me with thorns - wish it was real life and not even the USA - here you are allowed to take out an attacker with no penalties
