SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : WILL COCA-COLA ALWAYS GO UP?
KO 73.12+0.3%12:59 PM EST

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Debt Free who wrote (507)7/25/1997 6:00:00 PM
From: Grant Froese of Calgary   of 1462
 
I personally believe the market will top out after the traditional summer rally and that the big cap stocks, which have gotten non-sensical valuations all out of historical norms, will finally face their judgement day and will be found sorely lacking on substance. I have nothing to justify this upon, besides my own intuition and historical perspective, so I wouldn't take my word for it. God knows anyone who has tried to call a top of this powerful rally has usually been trampled upon and left for dead, but my hunch is that we are very, very close (within two months) of a multi-year high for the entire market.

If you want some factual basis for shorting KO, see my post 448. Again, these are pure speculations on my part, worth exactly what you paid for it.

Best Regards,
Grant
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext