*SHORT CAT*
CATERPILLAR (CAT) @ $82.78
US Construction is DEAD, ....China not that good.
CATERPILLAR FINANCE, ha!
PutsOnThePop.com vs. BuyOnTheDip.com ROUND 82
BOTD adds LONG DEERE (DE)
$81.42 -1.16 (-1.40%)
.... increased buyback, up dividend ... DE down 12% on the year, while CAT is up 14% ???
p.s. this trade may not work since they trade so closely together, but thats kinda the idea, we think thats about to change in our favor.
go team! KILL GARFIELD!
3 comments:
that CAT chart looks to have a red ax $85ish double top. booyah !
CAT Ceo interview on cnbc.
http://www.cnbc.com/id/15840232?video=751937179&play=1
I think you're right about shorting CAT, as export growth is probably going to slow down. I'm just a little concerned that we may be a little to early in shorting CAT though. One area that will affect both CAT and DE is the high cost of oil. I'm actually bearish on DE too though (no position). Good Luck!
thanks dark side,
we put the trade on and so far its boring.
we'll see.
that CAT smoking ban is funny. strike? haha
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