How Long Will the Bull Run?

Despite high stock prices, most market pros aren't too worried, yet

The warning signs are everywhere. Share prices in the relentlessly upbeat stock market now stand at sky-high levels by historical standards, and dividend yields have fallen to near record lows -- classic signals that the bull market that began 2 1/2 years ago has got dangerously long in the tooth. At the same time, companies continue to flood Wall Street with new issues to cash in on the bull's run before it can stumble -- another omen that the market may be overheated and headed for a fall. Even the current rush of little-guy buyers is usually a harbinger of a...

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