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Non-Tech : CAT-Caterpillar

CAT 570.72

-1.1%

Nov 3 3:59 PM EST

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To: Mohan Marette who wrote (3)	8/11/1997 11:39:00 AM
From: Candle stick	of 110

Sorry to bust your bubble, but on the charts CAT posted an "island reversal day" on thursday Aug 8th and it was confirmed the next day. This is a very rare top reversal pattern, and it usually is followed by a quick and substantial decline. For an example look at a chart of GUC and see the islands formed on April 7 and Jun 24....both were followed by substantial declines.......just a thought, best of luck...;

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