I have bough evenmore now, at .135 and .14. Aside from any technical analysis (which I do value incidentially):
- property prices are recovering overseas;
- international investor sentiment is more positive than it has been for several years;
- the domestic market is also more positive;
- the DOW is having 2 year record runs;
- global economies are showing signs of recovery and growth at a fundamental level
- historically share increases lead the recovery by 6 months.
In short, VPG is I think well placed to make rapid gains. And although, eg, the gobal recovery may falter and this may turn out to be a W shaped recovery, I suspect we have many good weeks before then at minimum.
And if it does falter, then it will hit all stocks. For my part, I prefer my money in VPG.
Good luck to all - the postive and the negative.
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