I'm really not a charts person, but looking at the trading activity with Caterpillar (CAT) over the last month, it looks like we are seeing some price support just below $61 now. From where I bought in, the stock is up a bit over 6%, and even on the days where the overall market has been rough, Caterpillar is getting bought. Volume isn't excessive, so either we have someone accumulating here, or the pressure to sell has finally relaxed. We're seeing more bullish commentary out there in the value investor camps that oil and the various stocks that have been dragged down by it are attractive investments. Caterpillar's dividend yield near 5%, and the fact that they remain one of the best-known construction companies is what prompted me to buy. That said, oil prices can only go so low, and we might be starting to see a bottom form here. When I see my friends on Facebook celebrating about the cost of gasoline being low, that gives me good reason to think that the trend is about to reverse. Of course, anything can still happen, but the odds are in your favor here buying at what is a multi-year low.