CAT

[findfreegold]

I put all of my remaining funds into CAT after prices fell on 10/4, thinking it could be a bargain. The bearish trend continued on 10/5. I'm curious abut everyone's opinion on how long to wait before bailing out. There's the issue of fear of selling out at the bottom right before a rally that would cause me to be inclined to hold, and then there's the issue of hanging on to a losing stock and riding it all the way down on "hope" that would encourage me to sell and take a moderate loss now, or put a stop limit on the stock which may or may not cut me out of any rebound profits. If anyone knows anything about CAT that would point one way or the other in the near term, I would appreciate your insight.
_________________
I make handsome profits collecting free gold plated scrap and selling it for up to $100 per pound and more. Go to: http://www.findfreegold.bigstep.com

[findfreegold]

CAT re-gained what it lost on Thursday at Friday's close (probably due mainly in response to recovery of indicies after negative unemployment predictions resulting from the hurricanes proved not to be as severe, but is still down from Tuesday. I know that new home construction is down as interest rates creep up, but I had assumed that the massive influx of Fed funds into Gulf rebuilding would cause a surge in the demand for excavation equipment. Perhaps the demand won't become evident until the projects are past the bidding stage, but I would think that most of the rebuilding projects would be put on the fast track. If there is no increase in demand evident by November, I will be surprised.
_________________
I make handsome profits collecting free gold plated scrap and selling it for up to $100 per pound and more. Go to: http://www.findfreegold.bigstep.com