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Strategies & Market Trends : WILL COCA-COLA ALWAYS GO UP?
KO 73.12+0.3%12:59 PM EST

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To: Music Man who wrote (497)7/19/1997 1:27:00 PM
From: Sol Rosenburg   of 1462
 
MM,
Volume has been much heavier on down days than on ups lately. KO's relative strength in Investors Businees Daily has decreased to around 71. I expect it will fall below 70 next week. Who sponsors Wall Street Edge? I heard Warren Buffet makes a LOT of money selling KO calls. What a great cash generating technique for a declining stock. I'm not saying it will decline further although I am short KO at the moment. You might want to by some out of the money puts as a hedge. They should be pretty cheap.
-Sol
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