"they will become even more overbought in the near term."
Intuition - Why milk it for all it's worth...? How much more upside do you see in the XAO and XJO...?
Don't you think its better to exit while people are buying at good prices, then wait until the market is more relaxed...?
A wise man once said, "Be fearful when others are greedy, be greedy when others are fearful".
I think that the people trying to milk another 10% outta this market are being greedy.
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