I shorted 2000 shares at $83.10 today. Will cover at $75 after X-mas. Cheers.
Sentiment: Strong Sell
CAT didn't seem to jump as much as I wanted it to today, but it looks to me like my shares are going to be called away in december from selling 85 strike calls.
You better be careful, most of the FEMA recovery $$ will use CAT for the heavy lifting in the NE after Sandy, I strongly suggest you cover asap!
the #$%$ shorted chit,only thing he "shorted" is his worm,per his wife.
You shorted below $ 85 ?
I hope your right I would love to buy in the 70's just don't think the market will take it there !