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Biotech / Medical : PFE (Pfizer) How high will it go? -- Ignore unavailable to you. Want to Upgrade?


To: lazar921 who wrote (6630)1/5/1999 11:27:00 PM
From: BigKNY3  Read Replies (1) | Respond to of 9523
 
lazar921 <<Looking to add here, would you wait for the pullback and add AFTER the earnings 1/13ish and then expect a new run to begin after the split announcement? thoughts as to adding in the next few weeks w global viagra #s? add AFTER or before?between the 13th and 21st as conditions warrant?>>

lazar: Now you are asking for the impossible! No one in the world knows where PFE is headed over the short-term ....whether it will dip to a "Valley" or increase the current "Pending Peak". For example, who would have expected PFE to miss the 3 Qt EPS Consensus by $0.06 in October and then move up 47%?

However, The Peabody Model does provides historical guidelines when PFE appears to be at potential excellent buying levels. The last "Valley" opportunity was on October 14, 1998 with PFE @89.50.

At the current high PFE levels, I am content to sit back and wait for another opportunity to step back in. As a long-term "buy and holder", I am pleased whether PFE goes up or down!!!

This technique is described in the Peabody Report. www3.techstocks.com

lazar, I hope this helps. Best of luck!

BigKNY3

PS: For what its worth, here is Mr. Peabody's Gut Feel(absolutely no guarantees....except for the split!): PFE will be over 130 by the end of January. The following positives could happen to reach this level: 4th qt EPS at least $.51, strong Viagra global sales and a January split announcement.