First trading day of 2012 closed at 93.98. LOL.
Watch out of that debt ceiling debate in about 6 - 8 weeks. Its another orchestrated market manipulation so the insides in DC and their wall street puppeteers can load up again for a quick profit.
wrong how? ive been right at every turn. i havent made a prediction in about 6 months. but yeah....you can ride this to 116 again and watch it collapse into the 70s. April and June sound right? Look a a chart, it happens every year now. However with QE inifinity in place come sept, im not exactly sure how you increase infinity.....but bernanke will come up with something to prop up this horsechit stock again in 2014.
Toothy don't forget to adjust for dividends. Year ago we started at $88.20 taking those into account. So a little better than break even compared to 15% of so for the S&P500. But every year is a new year! 17% CAGR for 15 years. Stay tuned.
TIPS fund in my 401k made 6.5% last year.
even with dividends CAT was worse than every choice in my #$%$ 401k....no wait....well i guess techincally cash made 0.25%....so you got me there. CAT.....slightly better than cash....is the new slogan for investing in CAT.
Going to be tough for me to play a trading range this year to much upside potential past 1st qtr results !
I will sell a little down the road if it looks like a selloff is coming but really we have probably seen the last of the 80's for price so I may just play long all year ?
I have to believe we see $ 110 easy this year but I wouldn't be surprised at all if Cat finishes the year above $ 115 !
Sentiment: Strong Buy
All last year I only owned Cat and a Bond fund, Cat lost money without divi and the Bond fund made 7.35 % . I ended the year up 20.7 % and I might do 30 to 35 % this year if Cat gets a little wind in her sail !