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Caterpillar Earnings Were Great-- Now What?

January 26, 2012 By Steven Place

As Josh rightly points out, $CAT had a solid earnings beat and just great numbers all around.

On the back of the report, the stock is gapping up big into some potential resistnace levels.

With this in mind, I consider a slightly contrarian bet, thinking that we're due for a breather in the name.

The trade idea can be found in today's SFO Daily, and you can view it here.

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