All the comparisons to 2000 seemed a little far-fetched………until today.
Before the opening bell, I was looking at my iPad from the comfort of my bed, and I took a few screen shots for posterity.
First, the fact that a brokerage’s highly-elevated new price target was already exceeded before the market even opened for the day……..
The fact that, pathetically, even ZeroHedge has finally stooped to promoting equity bullishness:
And the real kicker, straight out of early 2000, a call for the NASDAQ to double again……in a year………just because……….big, round numbers.