That's all true. But these historic highs only bring us 1 or 2% higher than it was 5 years ago, in 2001. that's not a great return on your investment money - 1 or 2% over a 5 year period. and you've lost money if your tracking the s&p over a 5 year period. i hope your stock broker is getting you better returns than those #'s. now the nasdaq, on the other hand, was 5500 in 2001 and it's now at just over 2100, less than half what it was in 2001.