Zeev's Turnips Patch-No Politics (ZEEV)

[punkle]

Zeev, or anyone who cares to comment? Two things that are troubling me as to future direction:

1) Current P/Es - whether it's GAAP, Proforma, or Core. Have we ever had a new bull (cyclical or not) start from these valuations? BEAR CASE.

on the flip side:

2) It's been 6+ months since the October lows and we have been rising which is the longest streak in this 3 year bear. Has this happened in other bears? BULL CASE.

Are there any other indicators that rank stronger than these two and at the end of the day which of these seem to stand out the most and may determine future direction?

Thanks.