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Caterpillar Inc. Message Board

  • casualtrader casualtrader Jan 28, 2013 10:09 AM Flag

    Suckers buying at current level

    Cat looked reasonably prices at $81 two months ago, but no bargain at $97. We have end of the month mutual fund managers adding Cat to their holding to create the impression they have picked mostly winners - - happens every month about this time.

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    • we are at 2007 levels on almost all indexes. we have borrowed about 40% more money than in history up to this point to pay for GWs bs. we have lots more people with less and less people with a lot more.

      i would definately go long the markets. if you havent yet, well now certainly is the time right? plow it all in long is the smartest play today.

 
CAT
84.38+0.43(+0.51%)Jul 2 4:00 PMEDT