if PFE doesn't close up tomorrow I won't even bother trading it. it may have already experience the bounce (on 12/3/06 from $23.50 intraday) that i was looking for.
trailing stop hit today so I closed today @13:20 $ 25.28 I avg'd in @ 24.87 only snagged 1000 shares b/c stock didnt move as I wanted it to the day after it tumbled. getting cautious (not short) on overall market. will probably only trade 1000 shares at a time until rsi gets oversold.
I purchased shares at $24.96. I thought about scaling in, but I didn't see the advantage in this case. I'm long. I expect this to hit $30 to $34 within a year. And it's a safer play in what will be a more volatile 2007, IMO. The 4% yield is just sugar on top.
good trade. I am sure I left money on the table, but I have to be disciplined. my target was about $26. you should do ok with this one. good luck and keep us posted.