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Strategies & Market Trends : Point and Figure Charting

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To: chartseer who wrote (12060)12/29/1998 6:31:00 PM
From: Bwe  Read Replies (4) of 34809
 
With Forbes magazine naming Pfizer as it's Company of the Year, now might not be a bad time to sell into the bullish euphoria that will surely take hold of this stock in the coming days. Last year, Forbes named Compaq it's company of the year, and that was a great contrary sell signal. It took the stock a good 8 - 10 months to get over the problems that soon surfaced after the bullish cover story.

Something to think about.

Bruce
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