i like to play cat ER as well. Here is an advice from cramer for spotting a "bottom" of a stock such as his caterpillar:
=== For instance, in March of 2009 Cramer made one of his personal best investments with Caterpillar. The stock had been crashing fast for weeks, and the analysts cut their estimates ahead of what they thought would be a bad quarter.
Sure enough, when Caterpillar finally reported, the quarter was uglier than the analysts predicted. Yikes!
But the stock didn't react. In fact, it barely twitched at the bad news. It fell slightly and then stabilized back to where it was before the hideous earnings were announced. Investors who may have shorted the stock in anticipation that it would tank further were in the red.
Cramer considered this a classic stock bottom signal, when the stock doesn't even bat an eyelash at bad news.
"Calling bottoms yourself can be a dangerous activity, fraught with peril if you come in too early, as so often happens. But sometimes the market will pretty much call the bottom for you," Cramer added.
trading the Dow stocks is so boring and a complete waste of time
i am drawn to the 52-week low price stocks like axp, ibm and cat in the Dow
however the reality is that these stocks are not moving fast not good swing plays
my best swing trade strategy right now lies in the young fresh biotech stock world
your big blue ibm earning report due out on monday after hours
stock is closed to bottom 159+ now - your thought on ibm ER play?
i am watching but my gut feeling is telling me
more market pain ahead on monday on the
follow-through day after asia and europe
following wall street nightmare in deep red today
patience is always a good virtue = wait & see
i would put my bet on soxl at deep 3X on sale
for a 3X semiconductor etf rebound as swing trade
always go for 3X etf's everytime market at discount
Warren Buffett says he doesn't care about the daily gyrations in the stock market, but it still has to hurt to see the Dow Jones Industrial Average (DJIA) , with all 30 components losing ground, because it's costing him over $1 billion. Based on the latest regulatory filing of shares held through Dec. 31, Buffett's Berkshire Hathaway Inc. (BRK.B) (BRK.A) held investments in 10 Dow components. In fact, his second-through-sixth largest holdings were Dow stocks: Coca-Cola Co. (KO) , IBM Corp. (IBM) , American Express Co. (AXP) , Wal-Mart Stores Inc. (WMT) and Procter & Gamble Co. (PG) , according to FactSet. Assuming his holdings haven't changed, which is a bit of a stretch, he'd be losing a combined $1.14 billion on his Dow stocks just today. On the bright side, if he didn't dump all of his Exxon Mobil Corp. (XOM) holdings during the fourth quarter--he held 41.1 million shares as Sept. 30--he'd be down another $51.4 million.
pre-market is ugly deep red = Dow down -150 points
Nasdaq down -50 points, s&p 500 down -15 points
market down in red two days in a row now
not getting out at market top on wed 4/15?
dont cry outloud at market melt-down for days to come
i myself enjoy very much seeing market "crack" now
as my portfolios swimming in 100% green cash $$$
waiting and waiting for plenty buying opportunites coming ...
gotta learn "rinse and repeat" as market is overbought
merci merci et toujours bonne chance a` tous = bon weekend
tomorrow if axp gets a good ER number i will kick myself
but oh well already made my decision to go for other diamond(s)
=== The stock has lost just over a quarter of its value this year, which analysts say makes SanDisk an attractive target for companies looking to boost their presence in the enterprise market.