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Strategies & Market Trends : Point and Figure Charting -- Ignore unavailable to you. Want to Upgrade?

To: Ms. X who wrote (2064)	3/27/1998 5:13:00 PM
From: Nancy	Read Replies (1) \| Respond to of 34812

jan, the market has to drop 20% for PFE to return to 56 support line, which is made in summer. the key now is the weekly sales figure of Viagra - between now and the first week of sale figure, we have a 3 week vacuum. PFE could easily test 84 stop if we have a market pullback. there are 2 more drugs will come out of PFE pipeline in 1998, one is antibotic, the other I forgot. any good dip in PFE is an opportunity to add 2000 leap.

To: Ms. X who wrote (2064)	3/27/1998 5:35:00 PM
From: wizzards wine	Read Replies (1) \| Respond to of 34812

Jan, Questions for Tom 1.)Since the sectors and indicators mostly show an overbought condition and a correction is likely sooner of later, how does he prepare for this other than to protect capital? 2.) Once a correction takes place, does he already have a list of buy candidates providing they meet certain criteria after the correction and if so what criteria does he use after a correction..ie, the stock drops to its support line versas falls below support. 3.) After the correction how important is the RS signal and whether it's in X's or O's as I would guess that many stocks short term RS would change to a column of O's. Well that's it for now Thanks Preston