Is there a crash coming to Wall Street? Wall Street Journal thinks so.  When your stocks tanked to new low, you probably would think that stock prices are cheaper than justifiable prices. However, when you read stocks are priced 20-times cyclically-adjusted earnings, you are not going to like it! See the article here.

The article also cautions that too many people are too bullish. Really?! When Dow sinks every day, it doesn’t look like it.

Only thing I would agree with this article is that Job market is still in bad shape. Economy would turn around only when the job market gets the life. Things may get worse before they get better. But, a crash? I don’t think so.