Caterpillar in the Earnings

Caterpillar has had a huge sel off. Maybe it's on the back of slowing global growth, that whole thing china locked on. But caterpillar inthe earnings is interesting. You look at this chart though, and you say, we've had our run to the upside and the stock has bounced. It looks like the next leg might be lower. I think people probably will be disappointed with the outlook. And it's really not about valuation. Cause, as people will tell you, some with these industrial names, cheaper valuation is not necessarily a reason. And sometimes it's a warning. Speak to me on c a t.