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To: Sonki who wrote (19117)4/19/1998 4:13:00 PM
From: Nancy  Read Replies (1) | Respond to of 27012
 
sonki,

i dont konw if if it is worth it to quick trade pfe - you might wind up losing a few bucks than making a few bucks :) last thurs was a good day to enter wla call - i look at may 160 but my cheap nature said the prem is too high - well, it went from intraday low of 165 to intraday of 176 on friday, 10 pt in 2 days. next time may be i go for deeper in money :)

we can trade drugs, and financials (brokers & banks) too but require patience - they tend to be taken up and down every few weeks, as long as market stay up and i believe it would. it needs external factors to bring this market down and i dont see any on the horizonal for the moment.
bmy, lly, sgp, even abt, would be my choice because their valuation relatively cheaper and still have good relative strength.

re: visa, yep, you could do that with your daughter's a/c. it is scary - who send out this random solicitation ? might be a good short (they could have bad debts ballooning in future when econ slows down)