Caterpillar (CAT) short update
I’m going to cover my short position here on CAT at $71.01 and capture the gains. We done good on this trade! It is likely to still go lower over the coming days and weeks but I want to lock in profits. In this crazy market we have one never can tell what will happen next. So The gains on UAUA and CAT were super for a 2 day trade.
I’m still holding onto my Ultrashort of the Russel Midcaps (SDK). And that too is doing nicely for me today.
More on this topic
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Caterpillar Inc. (NYSE: CAT): Q4 Earnings Preview 2009
(Stock Wizard, 1/21/10)
More Stock and Index Charting
(My Trader's Journal, 7/31/07)
Caterpillar Shifting Production From Brazil to the U.S.
(Shocked Investor, 1/11/10)
