Great guest post at Zerohedge. Premise is nothing can grow forever.

"What stage of the bull market are we in?" asks STA

STA:

"It is necessary to remember what was being said during the third phase of the previous two bull market cycles.

• Low inflation supports higher valuations

• Valuation based on forward estimates shows stocks are cheap.

• Low interest rates suggests that stocks can go higher.

• Nothing can stop this market from going higher.

• There is no risk of a recession on the horizon.

• Markets always climb a wall of worry.

• "This time is different than last time."

• This market is not anything like (name your previous correction year.)

Well, you get the idea."