[Mistletoe]

Isn’t that just what people tell themselves at the top?

https://www.currentmarketvaluation.com/models/s&p500-mean-re...

[uncivilized]

You're saying people tell themselves at the top that the run can continue for another few years?

[wmf]

That's how every bubble works.

[brookst]

that's what Bezos was saying at Amazon during the dot com bubble?

[wmf]

That's what the dumb money says because that's what they need to believe to buy in at the top. Of course the smart money is diversifying or just planning to ride it out.