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To: Jill who wrote (171)4/21/2005 11:24:12 AM
From: im a survivor  Respond to of 306
 
<<But the sector and PFE are pretty beat up...I like to buy on oversold conditions>>

yep...and me too....but in this market how do we know if $50 or $40 or $30 or $20 or $10 or $5, is oversold?<g>

and if I played the pharmas for a bounce, thats all it would be....I wouldn't want to hold a stock knowing one little blurb about any single product they have, that is a 'bad' blurb, can knock the stock down 25% in a blink...

Again, kinda sad, as many of the big boys have very good fundamentals....but, knowing how the street now reacts to negative news, and how they deal with negative news with Pharma's, it's almost like playing russian roulette<g>