Robert Freedland

Missing Colgate - Did I Rush the Trade?

Thanks for commenting. Seller's remorse is a serious emotional problem for me. Fortunately, I like Coca-Cola almost as much as I like Colgate. I don't think a few cents of tax on sugared drinks will make much of a dent in the majors like Pepsi and Coke. So many of their sodas are now "Zero" sodas with no calories anyhow.


On Jul 31 02:34 PM stink726 wrote:

> Nothing wrong in taking a profit. I do believe you should have held
> onto CL, but KO seems a pretty good swap. Unless Congress passes
> a "sugar tax/fat tax" which might cause KO to drop in the short term.
> A couple of times I have regretted selling a stock for a profit,
> then turned around and rebought it a few days later.

Recession Resistant Stocks: Coke vs. Colgate

Thank you all for your comments. Just Friday my MMM hit a sale point and I sold a small portion and bought a little CL for my trading account. I am concerned about Swine Flu but I suspect that it will not be enough to radically change the direction of the market. Perhaps I am optimistic, but I am driven by the price performance of my own holdings and not my own estimates of future market moves.