Thursday, December 11, 2008

SKF Trade

I exited the remaining portion of the SKF trade at $119. My original entry was $103, with partial profits taken at $111 and $119.

I am considering reversing as SKf nears resistance and going long UYG, but have not done so yet.

1 comment:

kunal said...

Paul do you know whats with the disconnect between SKF and UYG. Last time UYG was at 5, SKF was 200. Last time SKF was 120, UYG was almost 20!
http://finance.yahoo.com/echarts?s=skf#chart4:symbol=skf;range=6m;compare=uyg;indicator=volume+volumema;charttype=candlestick;crosshair=on;ohlcvalues=1;logscale=on