...Buy and Hodlers better hope there's a short term correction soon to relieve the pressure valve, otherwise the risk of the prospect of a larger and uncontrollable correction (of crash proportion) would get a lot higher.
...like a room that has a limited capacity, if you make people leave with occasional bouts of intolerable raising of noise volume, it makes a more controlled flow of new entrants and leavers, but if you allow more people to continue entering an overcrowded room, any catalyst that would cause people to want to leave could usher an uncontrollable stampede for the exits all at the same time.
#Professional#Investors are very long equities at moment. When total exposure is above 97%, such has historically been close to a short-term #market#peak.