Bookkeeping: Selling Almost All Remaining HDFC Bank (HDB)

Indian financial

is now our oldest holding as I have never sold it out of the portfolio since switching to Investopedia.com for tracking purposes in Jan 2009.   That said, I sometimes neglect it and have not touched it since June as its valuation has been extreme.  It is now at 30x FORWARD PE ... for a bank.  Yes a dominant bank in a fast growing country but still...

Whatever the case, I am using today's jump to sell almost all remaining shares; keeping only 0.1% exposure.  I guess I'll try to buy back at a bargain price of say 27x forward PE.