Cliffs is a bet on a Romney win. The JoyG report was very grim this morning. CAT is very cheap too.
There is not just Obama's delusional economic policies but the dividend tax increase. Large institutions invest under MPT theory which does not value dividends and higher income investors will switch to appreciation rather than pay 48%+ plus the Obamascare tax adder.
BUt you do demostrate why this format will be the end of Yahoo investment boards. This format belongs dilatants who view equity markets as gambling tables.
CAT is cheap and perhaps will get cheaper. BUt in the long run it is worth more than the current price. Broad superior product offering across many industries.