Quote:
Originally Posted by Kirito
Also everyone should keep in mind right now the stock market is at a all time high right now which means it's only going to go down from here.
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does it, and is it?
in absolute terms, yes it is at all time highs, so what? in relative terms it's not cheap, but is by no means extreme. forward and trailing P/Es are within the range of reason - certianly don't expect continued huge gains, and you'll perhaps see a 5-10% cooling, but you will unlikely see a large, sustained correction.
this is all except the NASDAQ, which is more prone to bubbles, i do think we're in a mini-dot com bubble, but i don't play in that game, so won't directly get burnt.