Don't Jump Into These Shares Just Yet

With quite a few stocks starting to break down, many are asking the same question: Is this a good time to grab some bargain stocks? But, instead of contemplating that, why don't we set up for some bargain entries instead?  In that case, we would only consider a purchase if the technicals suggested we go through with it.

Caterpillar (CAT) -- Daily Source: Dynamic Trader View Chart » View in New Window »

For example, in the last setup I gave you in Caterpillar (CAT), we have not seen the moving-average crossover that I prefer to observe -- the five-day exponential moving average crossing above the 13-day EMA. The stock is still holding above key support, but the daily chart is showing no confirmation of a low just yet....290 more words left in this article. To read them, just click below and try Real Money FREE for 14 days.

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