Earnings much worse then expected.
Oh no not Caterpillar! Say it isnt so!!!
- Thread starter michaelscott
- Start date
you bought the $85 puts yesterday right?
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.
I thought all the growth was overseas.
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.
Every time I have gotten the "could do no wrong" feeling, then there is a swift and sudden waterfall selloff of 5% or more.