Hi dreamsfree. No I have unfortunately been holding VPE since 1996 ;) I actually sold some of my FPO's last Thursday, which I have posted here. I also posted that if there was a decent pullback I would buy some VPEO.
I won't be buying any VPEO at the current price. I've been burned multiple times by not selling VPE on peaks. I'm very pleased to see it at the current levels, but believe technically it is way overbought. However I could be wrong!! I only sold 28% of my holding, but it was enough to take some profit, and reduce my exposure, at the same time freeing up some cash to take advantage of any pullback.
The old maxim is you can't go broke taking a profit... something that people tend to forget when things start heating up :)
Tony.
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