New bubble forming?

[Guest guest]

I've been watching the stock market, the DOW anyway, and wondering if there isn't another bubble building up. Given the state of the economy, the high true unemployment rate, inflation danger and other things that aren't widely reported, I don't see the reason for the market to be rising like it is. I've read stories about certain tech stocks being highly valued. These are the game site Zynga though Facebook and others are up there as well. Some others might be up because of government cronyism and handouts. This is rather reminiscent of the late 1990's tech bubble bursting.

The instability in the Middle East and elsewhere, including the US now, also adds to the troubles.

I've seen a couple of articles saying that another bust is likely and it will be major. I'm thinking this will probably be correct. There are a lot of dollars floating around out there with nowhere to go. So, investors are putting them where ever they can to try to eke out some kind of return. One bad thing I've read lately is that the majority of 401k fund won't have enough money in them to fund retirement. So, a lot of people are putting their money into riskier investments. When the market goes, they will be hit hard. Again it will be the average people who are going to suffer while the elites will walk or get a bailout again.