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Strategies & Market Trends : MDA - Market Direction Analysis

SPY 659.00

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Nov 21 4:00 PM EST

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To: pater tenebrarum who wrote (28842)	10/8/1999 5:57:00 PM
From: Don Green	Read Replies (1) of 99985

New York: The longest winning streak among stocks in the Dow Jones Industrial Average may end this year: Coca-Cola Co. is heading for an annual decline for the first time in almost two decades. Coke shares have slid 21 percent this year as slowing sales and a product recall in Europe squeezed earnings. They've had only four worse years since they were listed in 1919. The last annual drop was in 1980, when they fell 0.03 percent. Whether this year's slump is the start of a new streak or a blip on the price graph depends on the ability of the world's biggest beverage company to turn around slumping sales and convince Wall Street it can meet its profit forecasts.

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