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Here is a collection of some of the arguments I have come across for equity selling and further buying.
The buy side
The sell side
The takeaway
Global equities need a catalyst to correct, so wait for it. If you have made considerable gains look to lock them in/ technical areas to exit. If you are considering rejoining stocks just keep it very tight and lean against key levels. This is not the time to buy at any old price as a correction is anticipated.