72 Hour Call for June 3, 2011

Today’s Call:  Caterpillar (CAT) to fall.  Currently $101.10

Rationale:  Caterpillar has risen dramatically over the past year.  The sudden downturn in economic indicators and commodity prices will mute demand for its products which will reflect in a share price that drifts quietly downwards through the summer months.

Result of Call for May 31, 2011:  GSG Commodity Index to rise.  Was $36.38, Currently $36.05.  Bad Call. 

Calls to Date:  Good Calls: 24, Bad Calls: 18, Batting .571