Sold my FGE today after a fantastic run. FGE may well go much higher but i am selling down as i am increasingly nervous re this extra-ordinary rally. I usually sell too early but never again want to face looking into the abyss of Oct/Nov 2008. happy to have a reduced exposure and jump onto the occassional opportunity. If i see a share with massive PE then i'll consider shorting. I mean PE of 16-20 so FGE is a fraction of that.
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engineer with pe of 3 and 11.6% divs due soon, page-80
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