Last week in the Wednesday mentoring session one of the students brought up the potential short setup in Caterpillar Inc. (CAT). I have to say I love these kinds of questions in the mentoring sessions because they make my life easy. This was a picture perfect setup that was found on the scanner and the only thing that could be said was "looks great". This is one of the huge benefits I try to impress upon people when they are thinking of using Advanced GET, you will get the benefit of the other smart users beyond just the intructors. This CAT trade was brought up on the first day of the violation from the RTC and everyone had plenty of time to take it for themselves. Below is the current chart and its all just money mangement from here on out.
Good Trading
Craig Russell
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