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Strategies & Market Trends : Point and Figure Charting

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To: Ms. X who wrote (2064)3/27/1998 5:13:00 PM
From: Nancy  Read Replies (1) of 34813
 
jan,

the market has to drop 20% for PFE to return to 56 support line, which is made in summer.

the key now is the weekly sales figure of Viagra - between now and the first week of sale figure, we have a 3 week vacuum. PFE could easily test 84 stop if we have a market pullback.

there are 2 more drugs will come out of PFE pipeline in 1998, one is antibotic, the other I forgot.

any good dip in PFE is an opportunity to add 2000 leap.
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