Feb 27th?????? Market continues to trade lower through out the day, no sign of any buying the dip coming into view...however mid week when the dow dropped 130+ they bought it up the last 30 minutes of trading, so anything is possible.
I bought on the gap down, sold it for very little profit at 80.25. I remember about a year or 2 back when CAT opened down to around 53-55 area, I remember buying it and seeing it drop 2 dollars from the open, I sold at a loss and never went back in, I regret not holding those shares, would have been a nice 50% return.
I can here em now .......market at it's highs for the day, Dow was down over 70 now it's turned around as bargin hunters move in.