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Strategies & Market Trends : WILL COCA-COLA ALWAYS GO UP? -- Ignore unavailable to you. Want to Upgrade?


To: John O'Neill who wrote (1230)8/30/1998 10:46:00 PM
From: elmo north  Respond to of 1462
 
Well if it breaks this support area there's a very good possibility of it going quite a bit further down. I probably bailed out prematurely but we'll have to see if the bulls can put up any fight here. Still overvalued in my opinion, but my target price was met for now. Wish you the best in whatever you decide.

Elmo



To: John O'Neill who wrote (1230)8/31/1998 2:41:00 AM
From: Investor-ex!  Read Replies (1) | Respond to of 1462
 
Hi John,

re: near term price movements...

This stock could be cut in half and still be over-valued. I'm going to wait for a couple days rally to materialize and then average into a new downside position. If no rally, che sara...



To: John O'Neill who wrote (1230)8/31/1998 9:08:00 PM
From: elmo north  Read Replies (1) | Respond to of 1462
 
I guess the market answered your question in a hurry. Bulls are on the run with their tails between their legs. Keep them spooked and margin calls will do the rest.

Elmo