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Pfizer Inc. Message Board

  • joeydintsurenet joeydintsurenet Feb 27, 1998 9:56 AM Flag

    It's running

    PFE is going up to 100 in a few weeks.
    Happy to you guys who hold this baby, and keep holding.

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    • The spelling might be incorrect but a man by the name of Harry or Henry Laubasuer used to be a technical anylist for Paine Webber. Laubasuer's Law was that if a stock closed above 90 it will go to 100. I don't know if he is still around or not but he was probably 90% correct on high quality equities.
      Thought you would find this of interest. The last time I saw Him was in NY in 1983. The philosophy still seems to work.
      Young Grandpa

      • 2 Replies to hca_1998
      • Regarding that guy's "law" that if a stock closes above 90, then it will go to 100. I think you could take any stock and any closing price and you can safely predict that it'll hit a slightly higher price later on. This is all way too vague to even be close to a law, and not helpful enough to even be an investing rule-of-thumb.
        It's a lot like saying "If it's hot today, it'll be at least warm tommorrow."

      • You wrote:"The spelling might be incorrect but a man by the name of Harry or Henry Laubasuer used to be a technical anylist for Paine Webber...... The last time I saw Him was in NY in 1983."

        If you can't spell "anylist", you probably can't spell Henry
        (wow! capital Him) Laubsauer either. And the last time I saw him
        he was sleeping in a box on a grate in the Bowery for coining stupid slogans.

        Any more drools of wisdom like the above?

 
PFE
32.66-0.60(-1.80%)Aug 28 4:03 PMEDT