Agree, it's best to make you're own calls. Then you know why you're in, and when and why you're gonna exit. I use other peoples ideas as a take off point (ie, occasionally I'll trade one of Michail's shorts...or Heinz's...or ODB, LLCF, Bobcor, Oblomov, MarginMike, Davidd, Shack, Earlie or any number of the regular posters). But I always look at fundys, look at the chart, determine my own entry points, whether to poot or short, etc).
Certainly CAT is a "worthier" target for having runup a few points. I doubt it'll have any follow-thru...was a nice exit before the earnings/reenter after play.
I'll always agree that POS is a worthy target, it's really just a matter of when to get in (certainly no later than the mid-September warning season). |