[Crowbob]

I don't think its a bubble in the sense that an explosion or crash is imminent. I think the market will continue to rise and the general economy to stagnate even more. The market is no longer a measure of overall economic health.

In addition, when you consider the impending and dramatic devaluation of the USD, everything measured in dollars wil have to go up just to stay even. Eventually, when the dollar is no longer king there will be severe problems.