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Non-Tech : Disney(DIS) & Coca-cola(KO)

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To: Zoltan! who wrote (48)5/20/1997 4:42:00 PM
From: Candle stick   of 71
 
KO hit new high of 68 1/2 today on very light volume. With a P/E of 45 at this point
and everyone under the sun recommending it I would be extremely careful getting
long up here....all bubbles burst eventually, and this is definitly a bubble....personally I
am looking to get short tommorrow on what will probably be a blowout top after
todays interest rate news. In my opinion now is the time to take your profits off the
table if you are long. Remember, bulls and bears make money, but pigs get
slaughtered!!!!.......;^)
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