Wednesday 11 February 2009

Caterpillar

The Caterpillar deal revisited.
This is not exactly what we were looking for, but if indexes lose 4%, you only have a small chance to escape with a blue chip.
Yep, so down went the price of CAT.
Look to the renko-chart. The positive trend is abolished. The CCI is retreating.
Now, our stop is the level of the SAR: 30,65 USD. If hit, we‘re out.

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