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Strategies & Market Trends : MARKET INDEX TECHNICAL ANALYSIS - MITA -- Ignore unavailable to you. Want to Upgrade?

To: J.T. who wrote (290)7/1/1999 12:49:00 PM
From: J.T.  Respond to of 19219
 
Drug Stocks on fire. I picked up LLY at 70 3/16 yesterday after the Fed announcement. LLY is poised. WLA is simply a solid buy and hold period. I keep adding this to core. Great stock that has not participated. It is basing and ready to run. Patience with this stock is needed.

I may come late to the party, but better late than never. Fed could have easily kept tightening bias on rates which I expected on this would have tanked markets back/thru to supports. But this was not to pass as Mr. G's accomodative "bias" stance lets BULLS dance and carry the day.

Best, J.T.




To: J.T. who wrote (290)7/1/1999 1:45:00 PM
From: J.T.  Respond to of 19219
 
PFE off the split today can be bought for the smaller accounts as it is 37 1/4. Still at bargain basement price. Great core hold for buy and hold accounts.

Best, J.T.


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