no question that current valuations put us well into bubble territory
I agree on your assessment totally. I am slightly surprised on total lack of restraint on the bullish side as evidenced by the return of bubble style charts. How much longer can they reinflate ar 8-10% per month. Last one lasted for 6 months this one is on month 3.
I like three stocks ADTN, CCMP and SNDK which have reinflating to 9/99 pre bubble levels, 52 W highs, good earnings growth, small float which insures volitity and only way is them is up if FED easy money continues until it is killed by FED policy change.
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