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Pastimes : ASK Vendit Off Topic Questions -- Ignore unavailable to you. Want to Upgrade?


To: Walkingshadow who wrote (17958)1/7/2001 11:40:20 PM
From: mishedlo  Respond to of 19374
 
WS I am trying to figure out whether or not now is a good time to short KO. Its PE seems absurd for its growth (to me anyway), and it seem to be in some sort of double top formation as we speak.

Options are cheap as it is not volatile. If the DOW breaks down in general, some of the "old economy favorites" could be due for more than a little haircut. I posted this somewhere else and got laughed at.

PS. I am trying to sharpen my thought process by getting multiple opinions.

Any thoughts?



To: Walkingshadow who wrote (17958)1/9/2001 7:42:27 AM
From: Venditâ„¢  Read Replies (2) | Respond to of 19374
 
2300 area is firming. Looks like the range for now will be
2260 to 2650.

askresearch.com

Yesterday's candle looks like an attempt at a short term bottom IMO.