lt cap,

Yeah, it's not been since 2000 that I've seen this much uniformity on the consensus narrative of this market: worst indictment from heads of investment companies is that yes, the market may seem rich in valuation, but if you look at forward pe's, it's not. People apparently have forgotten 2000 dot-com: EMC went from 102 to around 49. AMD was at 48, and eventually bottomed around $3. I'm left wondering why Trump's 'intentions' are trustworthy - he changes hit promises on a dime. Seems that suddenly the economy is better because Yellen says the economy is stronger. Is it? Perhaps earnings are bettr than I thought. Perhaps analysts are recommending buying the future and not the present.

Near market's close, I bought CIEN and sold 10 covered calls - figure that if CSCO reports well, the sector will draft higher. Only got about .97 cents for them. If CSCO doesn't go well, I have some time to see what CIEN does, ane perhaps buy it back, depending how it does. The calls are for Mar 10 stk 26. Good luck.

I see Pudzer, another Trump cabinet candidate, just fell out due to conflicts and who knows what. And the market keeps marching north. 

When (if?) this market does crash, it reminds me of an old joke: An investor jumps off a 100 story building. As he passes the 50th floor, a man at the window asks how he's doing. "So far, so good."