JenRz

Long term short CAT to $143

Corto
JenRz Actualizado   
NYSE:CAT   Caterpillar
I have absolutely nailed this stock in the past (with my dowsing)... Like the lows at $162 wayyy back when. I lost track of it though & was of course disappointed once I saw the rally. I didn't know what I had!

Now though, I have today's date as a time to check up on CAT & isn't it interesting it's right near it's highs?! (I start salivating a bit) Dates in my work are often reversals and I did have a date at those lows at $162. I actually, had price too.

Today's date was given on 2 occasions earlier this summer when I must've check in CAT, but I haven't been following it lately.
What is the dowsing suggesting? CAT is at "very long term resistance" and I asked what price it goes to, which gave me $141, and a percent down of 50%, which conveniently lands it at $143!

I'm expecting this to occur over the next 14 months. I may have missed the rally, but I shall not miss this. Be aware as the market pops later this week CAT may get to $288 +/-, & there is a near term date of 9/12. In the big picture I don't think it matters. Also, be aware it may have a choppy range for a while too.
Comentarios:
On Friday I checked in on this & had that it could pop $21. That would take it to $279. So tonight I asked for a price of the next high to short & the number of 78 came, so that's pretty close. I am getting advice of, "reaches target" and "sell rallies", so I'm still liking this short.

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