Pfizer collapsed pretty quickly after closing at $20 in Jan. 2010. This time though it is adhering to its high and indeed closed today just a nickel off its 2011 closing high despite all of the market turmoil.
The Pfizer of 2011 is not your father's Oldsmobile.
Same way the imbecile "knows" when the lows are in for every year, forming bottom of "range".
Never mind that the loser loon has been wrong on that as on all else for nine years in a row, for dozens of stocks.
How do you know when the lows of a 16 to 20 year long secular bear market are in?
What you on Planet Chartnuts so ignorantly consider "stupid labels", because you're too stupid, lazy & crazy to educate yourself in investing, are on Earth known as stubborn "actual" facts.
My answer of yesterday afternoon won't change:
<<I couldn't care less what Fidelity's margin requirements are for deeply out of the money nsked puts I have no interest in writing. You can find out at 1-800-Fidelity if you care. Unlike Yahoo, they will speak to you>>.
That spew is not only totally wrong, but completely self-contradictory.
You know absolutely nothing about markets & all you imagine you "know" is utterly false. Any sane person of normal intelligence could see instantly that your lies conflict irreconcilably.
A secular bear market isn't over until the market reaches new highs. At that time, the last bear market low is when the secular bear market ends. That's why Q2-49 ended the 1929-1949 secular bear market - but of course it couldn't be declared over until after the fact of a new all-time high being seen.