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

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To: Bosco who wrote (2593)4/4/1998 10:55:00 PM
From: kenneth shopsin  Read Replies (2) of 37387
 
I seem to have gotten out of my BB period relatively unscathed. It wasn't until recently that I fully fathomed their humble position in the market. Now I avoid them. Just sold half of my RNTK,half of my STER and would sell half of my NEOG if it ever gets back to $ 12.44. I'm kind of an aging hippie who has spent his life denying greed only to find it alive and powerful. My excursions into the market are an attempt to make touch with this force and try to control it and make a few bucks too. Lately I'm of the opinion that the market is one big Ponzi scheme that will only fold when it runs out of new money. I think that this is unlikely to occur anytime soon. As a result my attention is turning to more main line companies that I think will rise in value due more to stock popularity than value. My current watch list has RL@27;PIN@25;BID@20;MTN@24:LTR@100;PZN@40. My ability and patience are quirky so I dont know how long this will seem true to me. I own and operate a 30 seat mom & pop restaurant in Greenwich Village for about 28 years. 5 kids ;14-21. 1 wife,many customer/friends. 56 years old; ride 1997 BMW R850 motorcycle and 1993 Dodge Caravan. Ken
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