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Strategies & Market Trends : WILL COCA-COLA ALWAYS GO UP?
KO 72.88+0.4%Nov 26 3:59 PM EST

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To: yard_man who wrote (526)7/31/1997 11:57:00 AM
From: Cynic 2005   of 1462
 
Barry, a world famous analyst downgrades Coca Cola. -g-
biz.yahoo.com

A close below 69 for two or three days in a row will put it below 50 DMA. By then, hopefully the music stops on the Street. The chartists will wait till KO touches 100 DMA to take a position. If the market correction is severe, then they will wait till 200 DMA is touched. See the chart, that is what happened in April-May period.

-Mohan
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