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Strategies & Market Trends : LastShadow's Position Trading -- Ignore unavailable to you. Want to Upgrade?


To: tom pope who wrote (4074)12/11/1998 9:02:00 AM
From: Susan Saline  Read Replies (2) | Respond to of 43080
 
KO ..

think I heard CNBC this morning talking rather negatively about it ...

also heard they are buying Cadbury (??? I think)

if it gaps down upon the open ... I would wait a bit for the rebound ... then short it .... I would not innitiate the short right off the bat ... if it gaps down at open.

just a guestimate Tom ... as I have not played Coke before

KO has support at 65 ...

personally I would not be shoritng it though ... as I do not short ... but would be looking for entry at 64 to 65

Sue