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Strategies & Market Trends : Classic TA Workplace

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To: 2MAR$ who wrote (132251)	4/30/2006 12:30:14 PM
From: Henry J Costanzo	of 209892

PFE.....last sounded off here late January...on a bullish note which has not yet borne fruit. Would probably stick with same diagnosis: On the way up, but still a little fight against odds here.....notably, a still falling 200dMA...though 50d turned up nicely for 2006, and 200d seems to be flattening for a turn... Would say pennant call still valid.....but now back testing support there..Positive action last 3 weeks...and interesting move up on Friday....Probably buyable...with a close stop possible.....but IMHO too many much more interesting situations around to park any money here yet. Old chart.from Jan....but still pretty much describes the picture.....I think.. home.twcny.rr.com

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