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Strategies & Market Trends : WILL COCA-COLA ALWAYS GO UP?
KO 72.56-0.6%Nov 24 3:59 PM EST

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To: Keith Fauci who wrote (754)10/27/1997 7:27:00 PM
From: Dulane U. Ponder  Read Replies (1) of 1462
 
gold isn't the "flight to quality" that it once was. wouldn't have it myself. sold 2k coke today at 56 and was glad to get it. still have lots left and intend to hold. i think tomorrow's going to be another one. it did look like a head and shoulders top on the charts. i'd only differ with you that it's the left shoulder that doesn't look too nifty right now. thing is you never know what psychology is at work at a time like this and some street talking heads are predicting safe harbors in the beverages etc for tomorrow. who knows. i'm done selling ko for this cycle anyway. i'd bet you could at least dump ko for the short term, keith, without too much damage -- maybe later tomorrow or wed.
good luck. remember that right now in asia and india, a coke might be the only thing they can afford to buy and it's a lot cheaper than a computer.
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