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Warren Buffet's 2 Rules of Investing:
1) Never lose money 2) Don't break rule 1
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I love this rulebook, gotta love Buffet.
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After a dip to under $59 last week CAT is showing steady improvement. In just over 4 trading days Caterpillar has grown from under 59 to over 62.
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I like this chart, nice call on picking up shares when you did. Looking ahead short term we should see resistance at around $63 $64. I would play the stock to here, or buy the stock on a heavy volume break of $64. Interesting to note though that the stock is now trading above the 50 DMA. Will be interesting to watching Caterpillar (CAT) over this week.