No joke. We have a mini bubble in the making right in front of our eyes. Check out the exchanges. By that I mean CME,NYX and ICE these puppies are carrying P/E's of 47,90 and 110! while the S&P 500 is trading at 20? times earnings.I have a pretty good idea of what might happen, and the picture is not good for those buying now.
-Alex
wslounge.com