CAT

That is why sometimes I short a stock at X and then cover it weeks later at X+M and still make money

 

Thats it. Uncle.
out.

 

Whole move up was BS. Inventory of used but like new equipment is enormous. PE of 30. Downgraded, credit downgraded, see you at $75.

 

Once again... Z tries to game the gamers.... trading against what he knows is right... and gets screwed.
Oh well.

 

$CAT looks like taking a break

 

guess this continues to climb on continued falling sales strong dollar and rising interest rates and increased debt financed.

 

Making money has not been so easy as it is now. Just short big fat CAT. Even the company says we are overvalued. Why it is still high? Well shit happens but does not stay that way for a long time.

 

CAT is DOW's worst performer today.

 

With a real tight window to the downside... I'm gonna (might) buy $93 calls (exp today) out of the gate. If it spikes down @ the open.
Why? I think its going to be a strong day overall. Rising tide thing.

Don't freak out Haji... Its still a good short. Just not today.
More to follow.