So, let me answer it in individual ways. First, is it too late to own IBM (IBM), when the company sells at 12 times earnings, but has 10% growth?

Is it too late to buy Cisco (CSCO), down 11 points from where it was two years ago when it wasn't doing as well as it is now?

Is it too late to buy Google (GOOG), when it is growing at a rate of 23% and selling at 23 times earnings?

Is it too late to buy Google (GOOG), when it is growing at a rate of 23% and selling at 23 times earnings?

Is it too late to buy Home Depot (HD), down 13 points from when housing was crashing, even though you now have new and better management?

Is it too late to buy McDonald's (MCD), when it has a roughly 4% yield and is the ultimate weak dollar play?

Is it too late to buy Chevron (CVX), with a close to 4% yield, even as it just preannounced a better-than-expected quarter with oil going higher?

Is it too late to buy Comcast (CMCSA), 50% lower than it was two years ago, even as it is allowed to buy other cable companies and is generating more cash flow than ever?