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Re: DocLopez post# 73795

Saturday, 01/21/2012 4:26:54 PM

Saturday, January 21, 2012 4:26:54 PM

Post# of 364597
I think you're right. Generally I see some more uptrend in markets and in most stocks and in early February the big correction.

And i don't understand much of the CAT industry and don't have more insight into its business to know if they'll have a good earnings report or not. Either way it's always a gamble and often unexpected happens (see GOOG).

But looking at the general chart of CAT i think after the 110 gap close there'll be a nice quick correction.

I thought when that black doji was formed it signaled a top but in the past few days there were so many black candles/ doji's created in so many stocks and then they just went up more that those (usually great) indicators meant nothing.

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