Mean Reversion Trade Caterpillar for Quick Profits
Mean Reversion Trade with Caterpillar
Picked:
July 8, 2011 11:22:06 AM PDT
Caterpillar Inc. (NYSE: CAT) - Open
| Symbol |
Position |
Allocation |
Picked |
Current Price |
| CAT |
Long |
10% |
$110.4100 |
$91.9800 |
-16.69% |
| Opened |
July 8, 2011 11:22:06 AM PDT |
| Closed |
- |
| Risk |
Low |
| Target Date |
July 8, 2011 |
| Target Price |
$109.8000 |
| Timeframe |
Short-Term |
| Suggested Stop Loss |
- |
| Holding |
No Position |
| Disclosure |
- |
Caterpillar (NYSE: CAT) has beta over 2. It is down today after bad jobs report after being up yesterday due to good jobs report so play the rebound
