The beauty is that we won't know until/unless it bursts :-)
Does a graph of the worldwide population signal a bubble to you?
> 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."
You'd have to define "proper valuation" first. Go on: I dare you. How much *should* this market be valued at? And what makes your measure right?
> And that would be fun.
Sure, fun. But true?
/jordan