Monday, 23 May 2011

Construction & Agricultural Machinery Industry

Caterpillar Inc. (CAT), one of the Dow Jones component, is breaking down with a topish looking chart along with Deere & Co. (DE). Many sectors are all pointing downwards contrary to what the media reports are trying to apint. Price actions on the charts are what matters most. I could sense more pain coming in the next few weeks with short-sellers out for blood..

Caterpillar Inc.


Deere & Co.

Go into cash position!


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