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Strategies & Market Trends : Bosco & Crossy's stock picks,talk area

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To: Crossy who wrote (2112)10/28/1997 7:50:00 PM
From: Bosco  Read Replies (1) of 37387
 
Crossy - I like your strategy. I notice that people go about shorting using the flip side of the formula, i.e., high multiples. Unfortunately, the nature of my portfolio falls right into this (btw, while my job doesn't allow me to glue to the tickers <g>, RAPT seems to be daytrader's heaven - possible b/c of its outrageous p/e and short coverings etc...)

DATM is an interesting play, what do you think. I almost sold PCTH today, but the limited order never got filled.

Yes, I also think that the US mkt asserting its leadership is imperative. Now IMF's comment on the HKD situation should deter the currency traders. HK should lower its rates comparable to the US. Right now, the political and financial leaders are pretty scare about the ramifications. Even MS says there are things to buy!

Of course, IMHO, the genie is out of the bottle, I think people are running for the large caps again (hope I m wrong <sg>)

rgds Bosco
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