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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: Sol Rosenburg who wrote (576)8/9/1997 3:09:00 PM
From: Jerry Miller   of 1462
 
Sol,

"Next target...200DMA".

KO hasn't closed below its 200 DMA since 1994.
it's really quite amazing how this stock has bounced off the 200 DMA.
it bounced last December, and again in April, and moved higher, along
with the DOW, each time.
remarkable how much in tandem they both have moved since the
beginning of the year though...almost dip for dip.

so now, here we are again, approaching KO's 200 DMA. 60.28.
if we close below it next week, it probably doesn't look good for
the Dow either.

would you agree ?

J.
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