Strictly: Drilling and oil-field services Message Board

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Gold/Mining/Energy : Strictly: Drilling and oil-field services

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To: Lucretius who wrote (19733)	4/20/1998 5:12:00 PM
From: The Perfect Hedge	Read Replies (3) of 95453

Luc- Let's see;sell at 97,sell at 100,sell at 105,sell at 110,sell at 113?Uh uh.<g>The Pfe train is leaving and it's a runaway train!!!! Remember boys,the trend is your friend.I don't want to believe it either but this market isn't trading based on fundamentals anymore.PE ratio's are not considered.Gotta go with momentun now.We learned that lesson with the service stocks last year and some of this year.Look at the internet stocks...it's nuts!!You can't fight the trend.. Believe me I'm watching it like a hawk and when i get a red flag I'm out but right now it's a blue sky BREAKOUT BABY!!!! You guys are short sighted.PFE's going to 120 pretty quick then it'll pause before it runs to 140..GD

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