The stock market has officially entered La-La Land. The summer rally that last week pushed the Dow Jones industrial average to within a whisker of 8000 has blown through the last remaining bounds of sanity. No sweat, say some Wall Street swamis. The market has a permanent visa to the ether. But don't believe it. Like Wile E. Coyote running off a cliff while chasing the Roadrunner, the market is churning its legs furiously, but there's nothing beneath it. When investors finally look down...
Yes, you've heard such naysaying before. This mighty bull market long ago trampled traditional value measures such...
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