Sell indicators

http://www.nifs.net.au/articles/whyshares.htm

The selling indicators suggested are:

• Seven years from the previous peak;
• When the index has climbed to three times the previous low; or
• When share prices rise above the underlying values that justify the price. This may be when average Price/Earnings (P/E) ratios have increased to 23. Ordinaries Index is 23 times the average dividend earnings.