I understand that when the dow dropped 36 and the nasdaq advanced. 14 . When we have the huge gains we had yesterday, bears do come out of the wood work to remind us the situation is remanencing of the move going to the nasdaq collapse that devastated so many investors. But while this market is definitely frothy, it doesnt feel like we are on the eve of mass destruction. Oh, yeah, ill admit there is a ton of speculation out there. Im not going to deny that. Its over heated in some sectors. Tech companies without prospects that come public. Bubbly markets that have tended to get crushed down the road. And the more ipos, the worse the outlook. We have this extraordinary moving tesla people keep talking about, the car company is being a savior to the electric grid. Lusk, even as this companys earnings are comerical and netflix. Amazon is going from 270 to 372 without making a profit. These stocks with some of the cloudbased softwares, salesforce. Com, workday concur, many data over valued
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