Are we there yet?Quote from marketsurfer:
Wall Street Journal headlines. Mom & Pop run with the bulls-- this is a huge signal the top is near.
http://m.us.wsj.com/articles/a/SB10001424127887323361804578390772458161986?mg=reno64-wsj
Surf
Quote from Wide Tailz:
Mom & Pop are only valid contrary indicators when they are the last buyerz in line.
Not so, at the present time.
We are in The Age of The Bernanke. No one believed he was serious about the helicopter.
:eek:
Quote from sellindexvol66:
it is so funny how 90% plus here have been bearish since 2009, 2010 etc...yet the market has gone up yearly.
is there a chance that so called money printing is not the only reason? heaven forbid that earnings are marking equities to FV?
Quote from Swan Noir:
I don't think anyone is making the point that the market is wildly overvalued relative to earnings but those earnings are only possible with the FED floating the boats. As long as money continues to flow without inflation roaring the market can go higher. I think what most are saying is that this market is overvalued if that support ends.
In the meantime the bulls can move it higher and maybe much higher.
Quote from S2007S:
Thats what people fail to realize is that earnings over the last 4-5 years have only been good because of the BUBBLE ben bernanke pumping machine. I have no clue why people fail to realize this..... that without the trillions of dollars that have been pumped into the market that earnings would have never looked as good as they looked....take away every dollar that BUBBLE ben bernanke has pumped into the market (TRILLIONS AND TRILLIONS of worthless dollars) and there would be no earnings growth at all!
Just one single day without the money machine pumping would send this market into a free fall!