CAT moving forward

Harry said: "I just listened to today's conference call. There was no exuberance. Questions about forward guidence were side-tracked. Foreign markets have growth, the US market is a drag (we knew that). Things aren't as good as they were last year at this time. Margins and guidence were strongly questioned and answers seemed shallow and elusive. Forward mementum is certainly married to commidty prices to some extent...something else to consider calc in. This conference call was less that I expected. Future earnings may be flat at best. Perhap lower or restrained optimism will help them beat the street next time??? ...Just my honest opinion."

crankitdb711 said: "news to bleak to support even these levels"

Mr. Gekko said: "[QUOTE=crankitdb711]news to bleak to support even these levels[/QUOTE] I agree. The last time we heard news like this from CAT she dropped an amazing 14%. I'd wait a little while to jump in."

JAP said: "[quote=Mr. Gekko]I agree. The last time we heard news like this from CAT she dropped an amazing 14%. I'd wait a little while to jump in.[/quote] Good move G. I'll bet CAT pulls back this week. Better to buy on a second dip. I bought it on Friday $79.20 after it bumped off the 50 DMA, then I sold it right before the close at $82.95. Shorts were covering like mad. I'm still glowing from that trade :)"

Mr. Gekko said: "[QUOTE=JAP]Good move G. I'll bet CAT pulls back this week. Better to buy on a second dip. I bought it on Friday $79.20 after it bumped off the 50 DMA, then I sold it right before the close at $82.95. Shorts were covering like mad. I'm still glowing from that trade :)[/QUOTE] Nice trade JAP. :th_dblthumb2: For those willing to wait, I wouldn't be surprised to see CAT wander down to the mid-$70 area before rebounding... just speculation."

MagnificentMe2006 said: "Where find more documentation. Please send links to [email]MagnificentMe2006@wikichat.com[/email]"

Mr. Gekko said: "[QUOTE=MagnificentMe2006]Where find more documentation. Please send links to [email]MagnificentMe2006@wikichat.com[/email][/QUOTE] How ironic! You post this and I'm currently listening to a podcast about spamming and botnets. :lamer:"

crankitdb711 said: "[QUOTE=Mr. Gekko]How ironic! You post this and I'm currently listening to a podcast about spamming and botnets. :lamer:[/QUOTE] i emailed him :wave:"

Mr. Gekko said: "[QUOTE=crankitdb711]i emailed him :wave:[/QUOTE] Lol! Nice. We should start our own spamming network... spam the spammers! Ha! :flipoff:"