CAT ......was Re: Sold some MTW
- From: carolyn <momarch27959@xxxxxxxxxxxxxxxxxxxxxxxxx>
- Date: Sat, 30 Jun 2007 11:57:52 -0400
I sold some puts back in feb looked at a chart (GASP!!) and saw it hadnt been below 52.50 in quite awhile and still had great buying vol so figured that would be a good support base. They did superbly.
Someone in here...you jerry??? said right after I mentioned that I bot that and cat was barely above 60 said cat was going to hit $80 by years end....great call :) it hit far before years end!
carolyn
Jerry wrote:
I have thought about CAT for a LONG time and just never pulled the trigger for some reason or other. It still has legs IMO.
Congrats. on the VERY nice profit.
Jerry
"FrediFizzx" <fredifizzx@xxxxxxxxxxx> wrote in message news:5elcq9F390vm6U1@xxxxxxxxxxxxxxxxxxxxx
MTW stock was up over 40 percent since I bought in Nov. so took 25 percent of it off the table. Looks like there is a gobal shortage of construction cranes so left a bunch of this stock on the table. ;-) If I wasn't so overweight on Industrials, I would probably put some CAT on the table also since it is down a little bit right now. Well, maybe I will get rid of CAL and take profits on some other Industrials and put CAT on.
Fred
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