Tasty Booshers

[zenvesting]

EP, you're the victim of your own success. You're playing a difficult game, trying to provide ideal timing for quick and significant returns. In all my years or watching investment message boards, you're definitely the most successful at the short-term game that I've seen. You're also the most forthright and honest person I've seen play this game as well. You'll remember how skeptical I was of the "boosh" concept last fall when you began this board, but after a few months of watching, I've seen some convincing evidence and developed a good deal of respect for your "opinions".

I think your fundamental problem is, your success has increased peoples reliance on your "opinions".....and has brought you a bunch of blind followers that are guilty of not thinking for themselves....so now they're putting heat on you. Also, the nature of the "booosh" tends to draw people who consider long-term investing longer than a week, lol!

But as long as you continue to focus on finding your ideal technical pattern in quality companies, you should never be devastatingly wrong about any investment....and continue to have a high success rate....even if the timing doesn't work out quite as planned all the time.

As for being "all in", well that's just crazy....and anyone with half a brain should realize that....and understand why you trimmed back your position.

I was more than 70% in BIPH in both of my accounts since 2/05....and it nearly drove me crazy...as some of my posts on RB since then would evidence. So I also trimmed back my position in BIPH on the BSX news....recovered my initial investment and some profits....and will hold the rest for the long term. That had been my plan since originally buying BIPH in 11/03. I didn't sell because I had a major change in sentiment, but because the stress of being so heavily invested in one issue was aging me faster than the rate of “dog years”. As for those people who claim they'll "never sell a share of BIPH until 2010", they're full of crap.....I'm quite sure they'll be proven liars well before 2010.

I also realized how many other good opportunities I watched pass me by over those 19 months....and while I believe BIPH will be a long term success....I'll be glad to share in the success with "free" shares…..and continue to look for good opportunities like BIPH was @ $0.40.

This old post of mine emphasizes a few points that I think have pertinence to your present situation. I think your success may have caused a few "lazy daydreamers" to begin to blindly follow your opinions.....and not have knowledge or convictions of their own. ...and I also believe you're “boosh” methods take some of the "luck" that I referred to out of my equation for successful microcap investing....and that's what I appreciate about your board here:
http://ragingbull.lycos.com/mboard/boards.cgi?board=BOCX&read=608

When viewed with this chart, it also emphasizes my point about missed opportunities while being too heavily invested in any one issue:
http://stockcharts.com/def/servlet/SC.web?c=BOCX,uu[l,a]daclyyay[de][pb50!b200!f][vc60][iut!Ub14!Lh1....

But then again, that post also reveals my simple strategy of just investing in biotech stocks who’s tickers begin with “B” lol! Damn my secret is out! :)