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


To: Jan Garrity Allen who wrote (1235)9/1/1998 8:28:00 PM
From: John O'Neill  Read Replies (1) | Respond to of 1462
 
Jan,

You are in a hot area..they need a lot of pysche nurses...it seems like all the countries want the recognition of nuclear arms. I wonder if an unannounced test like that should have been met with enough force to obliterate North Korea entirely.

I dumped all of my put options, KO, MCD, & INTC into yesterday's freefall. MCD held strong but then collapsed the last hour. That was fun..but now I'm out..I was surprised at the rate of KO's decline, I could have made more $$ on KO by waiting to the last 1/2 hour but it was hard to imagine the KO giving upp that many points so fast..

I'm out! no more puts...I'm looking to a rise in the small/mid caps to signal a true turnaround. I think the DOW/ S&P 100 need to stabilize and may need to work lower before this occurs.

JO