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Strategies & Market Trends : WILL COCA-COLA ALWAYS GO UP?
KO 68.50-0.3%3:59 PM EST

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To: David who wrote (1371)8/21/1999 10:15:00 AM
From: BAXTERBOO  Read Replies (1) of 1462
 
<Any particular reason to buy now?>.

Well,

Since investing via the drip, which I have not since spring time, this looks like a good time to start again.
Its getting close to it's 52 week low. The chart stinks moving well below it's 1 year moving average. Anaylst though are starting to lift it up from avoids, holds. May see some tiny upgrades next quarter, since the scare is behind. Since drip investing is a good way to DCA, I believe maybe the next 6 months will offer some good buying opertunities via drip.

P.S. Just this AM I saw and heard on CNN that when a 12 year old girl was rescued from being buried for 100 hrs under rubble, her first request was for a COKE. That put the icing on.
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