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Strategies & Market Trends : TATRADER GIZZARD STUDY--Stocks 12.00 or Less..... -- Ignore unavailable to you. Want to Upgrade?

To: sandbag who wrote (3328)	9/27/1998 3:37:00 PM
From: TATRADER	Read Replies (1) \| Respond to of 59879

Sandbag, technically KO has excellent support at 50.00....If normal market conditions continue from this point, that is where I see the mutual funds repositioning themselves in this stock...In other words, buy area on KO is 50.00-53.00....However, I am looking for a market meltdown coming in the next two months that will take the DOW to the 7000 level...At that point, I hope to be drinking my COKE with both hands at the 40.00 support point...The RS on the KO is again ready to move above 30...Long-term 50 is a good buy point, but I am a tight wad and will wait for 40.00 or trade other securities...Regards, Mark