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Ice Cold Traders
Posted On: 10/17/2012 10:16:46 AM
Post# of 474
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Posted By: coolnapz

$CAT Short on deck


$CAT is coming into the short area of 86 bucks which is just below the 20 day moving average. I'm going to put a 1/2 position upon a pierce of the 20 day moving average at 86.16. Should it move higher to 87 I will add the second half.


Stop out wil be a close above the 50 day moving average. Downside target on this play is 83. There


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