The FTSE finished on the week's highs on Friday. Most would view this as positive but in an over bought market its actually an indication that the majority have already positioned long in this market and with with the last few days of January coming in, many who have been long in stocks will be quick to book profits. This is typically the time when the retail market get sucked into bullish sentiment and buy at the top. Greed takes over logical thought process.
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