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Strategies & Market Trends : Roger's 1998 Short Picks

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To: Momo Dog who wrote (8038)4/30/1998 1:31:00 PM
From: gregor  Read Replies (2) of 18691
 
Momo :
Hang in there. ZONA hit 40-48 in the fall of 97. then corrected to 16.

In the absense of significant information regarding the efficacy of its drug I feel it will test lower highs and higher lows.

PFE was downgraded by First Boston this morning and PFE has been in a downtrend the past week before the downgrade. The coat-tailers will soon follow.

First Boston downgraded FPAM last week and FPAM tanked. These downgraders are realizing the bubble has gotten a little to big. When it comes to ED what you think the future will be and what the future really holds is usually far apart. Expectations and reality are always on a collision course, especially in the arena of ED.( or any other disfunction for that matter ) gregor
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