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Company: Pitney Bowes (PBI)
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  Breaking The Averages

Pitney Bowes has gone nowhere slow. $23 in October, $18 in March and now it is below $21 and sinking slowly for a company that is supposed to be solid. Does it hurt less to lose money slowly I wonder? It stays below its 200 day moving average and has just broken down through its 50 day moving average on May 4th 2009. Look out below. Last time it did that it went down to $18 despite all the good press. Who needs good press. Show me the money.

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