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Strategies & Market Trends : Point and Figure Charting

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To: Bwe who wrote (7124)	9/11/1998 5:34:00 PM
From: Judy	Read Replies (2) of 34810

Bruce, I have watched PFE and technically it looks like it can be touch and go ... given it keeps testing its 200-day ema but bounces up. I look for support at 90ish to hold when the market spikes down to set a bottom. Unless the fundamentals have changed or the market enters a prolonged bear, it should hold above 90. PFE is tradeable when ever the market turns up again. Today there was news to fuel the rise.

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