I love that last chart.
For me, the fact that those financial news channels are screaming "Bubble, Bubble, Bubble!!!!" is confirmation that they're scared shitless of it and don't have anything to combat it.
That very definition of Bubble seems to describe the Dow lately.
Where do these stock valuations come from?
They realize that if Joe Day Trader gets wind of an alternative, they're done for.
Just machines trading with machines over there...
But yes if everyone is screaming bubble, it isn't one.