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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: FANMAN who wrote (603)8/14/1997 8:11:00 AM
From: Jerry Miller   of 1462
 
Fanman,

...it never has corrected without the maket going with it.
the charts go back to 1970.
the stock was pretty much flatline from 1970 to 1986.
...selling for between $2 and $3 a share.
then on July 1, 1986 something happened (Warren?).
volume on that day climbed to 260 million shares, and the stock
has gone nowhere but up since then. (Nov. '87 was the exception)
actually the last few weeks have found KO more volitile than it's
been, in more than 25 years...and all that's been is a test of the
200 DMA.

...it's almost as though this stock can't do what it needs to do
(correct considerably) without taking the market with it.

J.
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