We said a few weeks ago if the stock hit $18, we're out. Well, it's a shade below now at $17.72 and we are just tired of waiting. There are other, more conservative places to put your money, rather than waiting for the Energy business, and Crude Oil to come back. You may remember that the top four holdings are:
The percentages are how much of each is in the fund. You can see that almost half of the fund is in the two big monster oil companies, one of which was just kicked out of the Dow.
In any case, we're out. It's been a long slow move downward that we should have gotten out of a long time ago.