Thoughts and advice on all things money. Please realize that I can be wrong and there is risk of losing money if you trade based on my writings. I found this quote on LaMetropole and believe it appropriate of what this blog is all about: "If you have no confidence in self, you are twice defeated in the race of life. With confidence, you have won even before you have started" … Marcus Garvey. A corny, child-like song puts simply why we should invest: http://youtube.com/watch?v=Yw0wgOCvTjo
Thursday, November 19, 2009
10% SHORT
I think Caterpillar (CAT) can sell off 10%. The risk is its 52wk high. The market is bullish but some more than others, hence the word hedge. This is a great stock to short I believe.
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