Figured I'd catch a nice bounce off CAT while the rest of the market was selling off.
I traded her the same way when she dropped back in October 2006... easy money
Anyone else play CAT today?
Started by
JAP
, Jul 20 2007 03:55 PM
2 replies to this topic
#1
Posted 20 July 2007 - 03:55 PM
#2
Posted 20 July 2007 - 04:29 PM
Figured I'd catch a nice bounce off CAT while the rest of the market was selling off.
I traded her the same way when she dropped back in October 2006... easy money
You're a fast one. Farm and Construction Machinery Industry ehh? I don't make the kind of quick trades you are doing here but I'm going to optimize it (running it now) and see what it looks like against the tools I'm using. I might get a buy signal going if it can muster up a bounce from a deeply enough oversold position.
In the end we retain from our studies only that which we practically apply.
~ Johann Wolfgang Von Goethe ~
~ Johann Wolfgang Von Goethe ~
#3
Posted 20 July 2007 - 09:40 PM
Well, as I suspected. The approach I'm taking would require CAT to get a bit more oversold before taking any sort of another buy. You're moving very fast, anticipating. I've set up a system for CAT and will watch it but not joining you at this time.
In the end we retain from our studies only that which we practically apply.
~ Johann Wolfgang Von Goethe ~
~ Johann Wolfgang Von Goethe ~