I can't beleive the sp00z

is at 735. WTF happened??? It was at 1560 just 16 months ago. October 10th 2007 was the peak. stocks were not overvalued.

1 month
http://bigcharts.marketwatch.com/quickchart/quickchart.asp?symb=spx&sid=0&o_symb=spx&freq=1&time=4

6 months

http://bigcharts.marketwatch.com/quickchart/quickchart.asp?symb=spx&sid=0&o_symb=spx&freq=1&time=7

2 years

http://bigcharts.marketwatch.com/quickchart/quickchart.asp?symb=spx&sid=0&o_symb=spx&freq=1&time=9

1 decade

http://bigcharts.marketwatch.com/quickchart/quickchart.asp?symb=spx&sid=0&o_symb=spx&freq=2&time=13

30 years

http://bigcharts.marketwatch.com/quickchart/quickchart.asp?symb=spx&sid=0&o_symb=spx&freq=2&time=20

 

chit-chat

 

Fake credit crisis hit.

 

go short?

 

I still think it should be above 1400.That is fair considering the PE ratio of the sp00z would only be 20 then, which is slightly above the historical average.

 

Then take advantage of this 50% off sale. Oh wait, you have no money...you blew it all since the last sale when the s&p was at 1500...

 

That's cruel (but very true).

 

I thought the growing consensus was that the bull market was fake?

 

BREAKING NEWS: Life is not fair!
(do you want to know more?: ... fairness is in the eyes of the beholder )

 

You have been in a coma for the past 6 months?

Or you only look at price charts once a year?

No access to TV or newspaper (but you have internet access)?

Pardon me. I am usually not this impolite. But this is a bit too much.