AJ: You did not just pick a bull trend for comparison but also a once in a generation bubble. Looking for a repeat of that episode is unlikely imo on the other side. In the summer and autumn of 1998, for example, corporate insiders were buying hand over fist in preparation for 1999. Now they are selling hand over fist in preparation for something much like they did in 2000. So on that front, it is not 1999. Investor's Intelligence numbers exceeed those during the bubble days of 2000 and at any time since 1986 for that matter. So it is not 1999 on that front.