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Joy Global, Inc. Message Board

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  • markbelfuss markbelfuss Sep 21, 2012 2:06 PM Flag

    Would you go long JOY and CAT going in to the weekend ?

    yes I would. it is close to the low for the week,and the china stimulus may happen on sunday. all good reasons to buy for a nice profit for next week just look at the weekly hi and lows. I rest my case. In at 59.90 late am. if we can hold the weekly low for this week then we could see a decent rally monday if china comes thru. if not the overall market will take us up some. two things i will point out, options expire today, it will try to be held at the close at just below 60.

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27.59-0.14(-0.50%)Sep 23 4:01 PMEDT