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Good advice but I see CAT stabiliing here with very little to go down from here. A lot of fear selling. Best investment here is the options on the call side.. I like the April calls at 24.00@ 1.48... of course all jmho
Well, I'll be watching for it get some traction and it very well could at these levels, however I do think the SPX and DJI are moving lower and may cause CAT to drop to the $17.50 area.I hope not as I would like to re-enter as I sold out today after averaging down from $29 - at some point you have to scream "mercy", especially when in multiple losing positions.Time to keep the powder dry and wait it out.I truly wish everyone luck in this market, mine has just run out for the time being.Take Care