Up 10% in 6 months?
In 1987, the Dow ran up 17%/ in just 2.5 months - this time of year too. It did it between June and September.
The run-up was shortly followed by the greatest single percentage crash in the history of the market. A 23% crash in one day.
But - the economy was good and the market recovered fairly quickly.
This time - now - is different. Look at a chart - from Oct '07 Dow 14000 to Mar '09 Dow 6500. And now - up over 16000! With a poor economy and a whole new element - the Derivatives bubble, which of course - has fueled the market bubble.
It's gonna be a wild ride!!