Abby Joseph Cohen - Never Seeing A Market She Didn't Like - Is Now Calling A New Bull

April 2001: Abby Joseph Cohen, Goldman Sachs

"The time to be nervous was a year ago. The S&P then was overvalued, it's now undervalued." (Unfortunately, the markets continued down for another 18 months).

I'm glad AJC is bullish after the biggest rally since the age of dinosaurs. That doesn't necessarily mean the market is going to zero anytime soon but but along with Cramer's remarks today, it is a sign the generally delirious are beginning to feel their invincibility.