Boom before Bust – when does the bubble burst?

As of today, the P/E, P/B and Div. Yield of Nifty are 21.41, 3.18 and 1.44 respectively.
Above average, but surely not extreme valuations. However, if we are in a bull phase then a bear phase would surely follow, if history rhymes. Let’s use this thread to record the tell-tale signs of a bull market gaining momentum. May be we can look back after 7-10 years and come out wiser. Surely everyone would want to learn how to keep dancing as long as possible before the music stops? Would request you to share over here the tips your panwaala gives you (when he does) , without adding your own tips.

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