You know what, America is beautiful and so is its stock market.

It's a day for the history books as it is now official.

This is the greatest bull market run ever.

With no drop of 20% or more since the lows in March of 2009.

The S.C. 500 is up a whopping 300%.

That means more money for pensions, your retirement,

your pocket, and of course, your online brokerage account.

But as we rejoice in the riches of

capitalism two very important questions remain. Just how long can this bull run

last and what do you buy at these historic highs? Pete Nigererian, what do you say?

Well, I think that there are three points

that I'd like to bring up right out of the gate.

And that is that I think we're about two outs

in the seventh inning right now,

so I think we're actually getting very close.

I think Mike Wilson sat here many times Morgan Stanley talking

about we are going to see some sort of a pullback and when we do you're going to

want to be able to buy that pullback because it's not going to last very long

so I tend to agree with him because I'm not negative on the market I'm tend to be

more bullish than bearish and I love what we've seen in earning season but I still

look at the news every single day and obviously at some point in time I think we could

pull back I think there are plenty of areas in the market right now. The multiples are still

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