Is the market OVERbought?

With the recent run up in prices so hard & fast, one would expect the market to be overbought and a pullback is possible. Honestly, a pullback is hard to anticipate. I have seen markets of the past continue to barrow through when they were considered to be overbought. Those whom have exited early could only watch at the sidelines. At this point in time, I can only say stick to your trading objective - has your tgt px been met? Is the ROI as set out to be?

My own personal view is the local market is running on its own steam of engine for now. Whatever that is happening around us seem only to either affect us slightly or none at all. Fundamentals seem intact. I suggest staying vested for a while longer.

For those who are more conservative, you may wish to consider safer investment vehicles. See previous post on BONDS.