CAT's report was not good. The press is spinning it as good because the 2013 outlook is basically in line with analyst numbers -- but their 4th quarter was awful and the 2013 number has been drastically lowered over the last 6 months. Their forecast (showing no growth) also assumes a healthy China construction rebound in the second half of 2013. Some report. The market loves CAT but there's nothing good there IMO.