KO Feb.6 #2

ko-2-feb-6

So where could go from here. If we take Merck, that also topped at 90. as an example it could go to $22.82. Of course comparisons with GE and similarly patterned stocks $20 is definitely not out of the question. Clearly it will not be a straight line as around the $38 level there is a lot of resistance, it may even be a trade at that level. More interesting and continueing the reverse engineering what does this mean for the US dollar (at least against the Euro). Here again is food for thought as EVERYBODY knows that the buck is going to go down. Perhaps not.