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Biotech / Medical : PFE (Pfizer) How high will it go?
PFE 25.04+2.6%Nov 21 9:30 AM EST

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To: zurdo who wrote (4166)7/10/1998 8:25:00 AM
From: BigKNY3  Read Replies (3) of 9523
 
Zurdo <<BigKNY3, How high do you see PFE going tomorrow??? I tend to agree with B.REVERE on 120 as the high tomorrow...What do you think??>>

Zurdo, it is virtually impossible to determine what a given stock will do in a given day...too much market noise, investors with P/E envy, profit-taking, general market trends, and late-breaking Viagra media stories. Mr. Peabody's excellent 64% rating in calling short-term PFE action also means he is wrong 36% of the time.

That said, here's Mr. Peabody's gut-feel on PFE action:
PFE will open higher and make a run at 118+ before profit-taking takes over. The last 30 minutes will be particularly exciting ending the final battle between longs and profit-takers.... Long-term, sometime in 1998, PFE will surpass the 150 level....It won't be today.

Have PFun!

BigKNY3

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