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Strategies & Market Trends : John Pitera's Market Laboratory
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To: John Pitera who wrote (19438)6/20/2017 12:19:35 PM
From: richardred3 Recommendations

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John Pitera
mary-ally-smith
The Ox

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RE- CAT From my general scanning the industry. Inventories by dealers have been kept fairly lean as there was a lot of used equipment on the aftermarket. A lot of that was tied into the oil industry. I'm assuming a lot of that has been purchased at discount freeing up space for inventory re-stocking. A highway bill did pass under the Obama administration. CAT as I remember was also known for it's pipe laying equipment. A lot of pipelines are being laid now. I'm also assuming Europe and the rest of the world need new infrastructure spending. I guess we will see if that so called recent blip in orders is a bottom aberration, or the start of a positive trend.

FWIW-



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