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Strategies & Market Trends : Point and Figure Charting

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To: Bwe who wrote (8160)10/2/1998 3:08:00 PM
From: Jerry Olson  Read Replies (1) of 34811
 
Hi Bruce..

just thinking about PFE....

last week or this week they announced a 5 million share buy back, or a 5 billion dollar deal??? one or the other<g>...they quickly ran up that day, BUT sold off later on...

I don't like the action in the stock...i feel they are going to miss the number this quarter...slowing sales would be my guess...

they might warn about the next Q, too...Just a thought...

i'm going to do some homework on the charts this weekend on a lot of stocks...

while the D-fense is on the field, it's skewed extremly to the oversold side..

SEE, i DO know something......:>}

Later
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