Chartty.. PFE was down to $17.19 in after hour trading, and you said it will NEVER again go below $17.25 after today's close. I think you just in love with this POS, and have lost all freaking reality.
It is difficult to know what equities will do, nearly impossible, really. However, there is one constant.
When there is a recession the price of equities will go down, day aftr day, week after week and month after month and it won't matter if Gandhi, Jesus, Moses or Jefferson is running the thing. It will go down until everybody pukes blook.
The recession has been over with for some months now even though it hasn't yet been officially declared over.
The economy is now in a recovery although it's a very subpar recovery. GNP should continue to grow at a 2.5% or 3% rate which isn't up to snuff but it's still GROWTH and not a contraction.
GDP would have to start actually declining again before the economy would lapse back into a recession.
Over the last eight decades or so, there has only been one recession that began within two years of the end of a prior one - and that was the mid-1981 to mid 1982 recession following the early 1980 recession. At that time, the Fed Funds Rate got to over 15%.