German DAX looks set to top out

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The global markets have been on a strong run up since Christmas. We in Australia have been rising since mid November 2012, up 16.6% in 3 months. Everyone is feeling great. Australian markets show no real signs of letting up this strong run.

Some key questions on are: Do we jump in now? Will it go up further? I/We should have bought last year.

The cross analysis of a very bullish market like Germany as indicated by the German DAX can help infer the answers we seek on our own market but may not seem apparent.

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