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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 ()	8/12/1997 1:10:00 AM
From: SPEEDRACER	of 110

Glad to see someone else interested in CAT..... This is an example of a great risk reward trade!!!! And I am in as of today.... Sold the opening at 59.25.. Yes that`s right I am short big time. When a major Dow stock posts an Island reversal like the one the past week, and the top from where you can sell is only 2 points, you have a opportunity to make big $$$... This stock should go down hard from here. Today it tried 59.625 twice and both times it failed. It also had a weak close when the whole market was streghthening. Best trading strategy is to short with a stop loss at 62.... This stock should trade down to the low 50`s starting any day now. First place to cover is 49.875..... Best of luck to you!! SPEEDRACER

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