The last two bull markets spanned approximately 1,050 days, with the final stage occupying about one-third of this period. Notably, the euphoria phase lasted the last three months, as reflected by my RF Greed Index, which registered a maximum score of 13 at that phase. It's essential to remain invested during this time to maximize profits; however, as we approach the final days of this phase, we need to develop a solid exit strategy.
For those aiming to be value investors, knowing when to step back during moments of FOMO is crucial. We have now entered the final stage of this market cycle; while it’s a time to enjoy the potential gains, we must also recognize that eventually, we will need to exit the market for a while.
Written by joohyun ryu
