I am not sure how many of you have lived through a bear market. If you haven't look at the 70s charts, or 1931 - 1938, or 1945 - 1965.
I think this may be one - PEs have to fall back to 5; until they do there will be little upside puff, even for a stock as good as VLA. Hold for 3 + years would be my suggestion, assuming the efficacy opf their product.
You will only lose money trading in a bear market IMO.
