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Non-Tech : PMOR - Phar Mor Drugs

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To: cliff emohs who wrote (74)12/2/1999 9:21:00 AM
From: cliff emohs  Read Replies (1) of 78
 
A quote from a stock picking person I follow, "This move is reasonable because the downtrend in PMOR is not company specific rather its a sectoral one. All mid-size retail/dot.com drugstore chains have experienced the exact downtrend - PMOR, HZP, DEMP and CVS (pull one year chart) all have endured a long downtrend ever since July 99' (Entering fifth straight month of downtrend for exact). Our move proves to be right on the technical front."

Certainly from the trends the downward movement of all of these can be seen. But also from the info it is easily seen that PMOR is the best of all of them, which I would think would indicate it should have the best chance of moving up the most when sector gets attention.

quote.yahoo.com

Well lets see what today brings us.

Later
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