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Subject:  Re: Caterpillar dn 4% on reduced earns projectio Date:  9/26/2012  12:52 AM
Author:  TMFCogitarius Number:  46594 of 46922

The China growth engine ran out of gas early last year, but, as usual, it took CAT management till now to figure that out.

That's probably why they're called cyclicals - every few years, they will predictably and reliably be out of touch with stark reality.

Unless you think the US is going to rescue it any time soon??
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