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Strategies & Market Trends : Bosco & Crossy's stock picks,talk area -- Ignore unavailable to you. Want to Upgrade?

To: Tom F who wrote (2997)	12/12/1998
From: Crossy	Read Replies (1) \| Respond to of 37387

Tom, I can't understand HICO's movement. I sold mine at $1.5 at a small loss. This smallcap is overvalued iMHO, PSR ratio is at 4 now. Way too high IMHO. But clearly a momentum stock. But don't sell immediately. I'd suggest to watch the candles. As long as close is HIGHER than OpEN or at least higher than LOW and the candle is no diowntick, wait. Only if it's a DOJI or going down then sell 1 hour before the market close. Good trick to protect most of your profits without setting a stoporder that the MMs can see.. Regarding my other OTC-microcap, AMUT, that I think has much more appreal. BTW: look to CMPL and PAMC. The first might get some nice coverage next week after the quiet period ends (IPO-wise). The latter was mentioned in Wall Street Journal as a hot-sector to watch for the future (healthaxis.com). Also I'd take a look at 2 long distance phone companies - ok, they are beaten down - but without a reason.. IDTC - in the Internet index - owns IP-phone technology, long distance telco plus ISP provider STRX - probably best play in the longdistance telco segment.. best regards CROSSY

To: Tom F who wrote (2997)	12/14/1998 3:04:00 PM
From: Bosco	Read Replies (1) \| Respond to of 37387

G'day all - dear Tom, sorry if I am a day late and a dollar short [figuratively speaking,] as I ve unbookmarked this thread but only to check in occasionally. As I ve said in HICO thread when I sold my shares at the bottom, there could be a sucker rally coming. I didn't wait b/c I couldn't watch the stock all the time. Maybe it is time to be prudent. Of course, if you can watch the market constantly, Crossy's idea of waiting for the momentum to peak [this is a rough translation of Candle activities] will maximize your return [and you deserve it, after having so much patience with it.] However, this is not the kind of stock you should stop watching for a day or two. Just a sincere word of caution. I trust your judgement is better than mine <sg> best, Bosco