Subject: Re: Approaching 500
Nobdoy knows is right. I am not sure it will skyrocket but it is in a zone of reasonableness and trying to buy in and out isn't easy.

I think on average your best bet is to sell what you need for the next month (if you need it) and let the rest ride. Maybe sell off 2-5 months if it runs really high but I don't think it is that bad to hold this up to the 1.8-2.0x BV range.

Where do you think it will be in 18 months? That's what really matters for 95% of your holdings. The market can be slightly irrational for a long time. In fact it is probably that more often than not.

Just hold the darn thing. :)