An interesting read about the difference between bubbles and manias: while few would disagree we are in a bubble, according to Dr. Steenbarger the "maniac" element is still missing.

While a correction could come any time, and dangerous signals are all over the place, he is not the only one believing that this market has still room to go before the bubble bursts.

http://traderfeed.blogspot.com.es/20...ology.html?m=1