dumped and out, page-63

BEPPA is the superior play, however, because BBI is very liquid, the instos buy it. History shows that when BBI runs hard, it "catches" BEPPA momentarily so the nifty can switch when the opportunity arises. I'm confident BBI will trade near parity at some stage on the next BBI run.
I think BEPPA could gap BBI significantly after the DBCT sale. The switch back into BBI would then be advantageous in my opinion. It's just about obtaining as much bang for your buck in this play.
I hold BBI/BEPPA in a ratio of 1:10 currently. If BBI doesn't trade at parity again, then I am still in a very solid position with the BEPPA I already own.

jonkey,
Wise words. Thanks for the support.