Oh no not Caterpillar! Say it isnt so!!!

Discussion in 'Stocks' started by michaelscott, Jul 20, 2007.

  1. Earnings much worse then expected.
  2. you bought the $85 puts yesterday right?:)
  3. If they can't beat with this weak dollar, that says something. Of coarse they have a nice excuse, weak housing.

    I thought all the growth was overseas.
  4. No, thats because I had this feeling that big CAT could do no wrong. In fact, I have a DRIP plan that includes big CAT and I have no intention on selling the shares in that plan for at least 10 or more years.

    Every time I have gotten the "could do no wrong" feeling, then there is a swift and sudden waterfall selloff of 5% or more.