This Time It Is Different – It’s Worse – Ep. 57

* First trading day of march - NASDAQ closed above 5000 for the first time in 15 years

* Each time the market goes up with crazy valuations, pundits say, "This time it's different."

* This time the Fed is under more pressure to create the illusion of prosperity

* Today's rally came against the backdrop of weak economic data

* The only way this bubble won't burst is if the Fed intervenes with more stimulus

* Bubbles force you to make an important decision:

* Look like a fool before they pop, or look like a fool after they pop

* It doesn't matter how much money you make, it's how much money you keep


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