Remember, after AG's last "Irrational Exuberance" exclamation, the Naz quadrupled in 4 years (1250 to 5000) and the Dow doubled. I do not see the liquidity drying anytime soon, so will not worry too much till next year. Of course, if 2290 on the Naz gives in the next few days under the influence of his pronouncement, we may have a healthy correction, but not yet a bear market, IMTO. I lean on the side saying that in the next few weeks we still trade in the 2290 to 2390 range.