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To: Haim R. Branisteanu who wrote (52782)7/22/1999 10:37:00 PM
From: John Pitera  Respond to of 86076
 
Thanks haim, That is the shorter term range on Cat.

the range I mentioned was the 3 year rectangular trading range that Cat took out to the upside on its april runup to 65. If Cat can stay above it's 3 year break out (ie stay higher than 60) then it will argue for a move to 76 or so. I think it's trading has been just sloppy enough that Cat has not given an airtight signal of an advance to 76-80