lowtrade

[lowtrade]

S&P is not largely over valued, with historic levels around 16 P/E and present P/E @ 18.7.

http://www.multpl.com/

Money flows have been out of other assets, into US equities and gold had it's short term pop approaching 1400, months ago and far from climbing long term.

http://www.finviz.com/futures_charts.ashx?t=GC&p=w1

I don't see it. The doom, but maybe some gloom later this year.