>Doug, I know there's no "musts", but is it at least true that this market is
>one of the biggest bubbles in history? The graph I'm using on my site
>compares today's total market cap to gdp to that of the 29.
Almost any measure you want to use is at or near record levels. It's one of the great financial booms of all time, anywhere. If it's a bubble is for Jordan to decide.
>Even if we can't say that a crash is definitely coming, at least we could
>say, "This is the most overvalued market since tulips by many measures."
>And that would be fun.
You can't go anywhere in NYC without overhearing or being forced to participate in a conversation about the stock market. I'm sure this is true in most major metropolitan areas. When's the last time there was anything like that?
Doug