Thanks for your fair reply.
After sending it, I was afraid you might take it in the wrong way.
What you say about valuations, I think about from time to time.
If someone was to base price on valuation, why would someone want to invest in ANY stock?
If a stock is worth $1, why would anyone want to pay even $1.01 for it? It's only worth a dollar, right?
I guess that's why I buy charts and not stocks.
Hell, anybody that thinks this run will never end, is crazy.
But I believe we have 2-3 years left. Before the bubble broke in 2000, I thought we could have that bull run til 2008 or 2009. Now, I think 2006. Of course, that view can (and probably will) change before then.
Thanks again,
Scott
