Check my notes on the chart for further insight.
Nice gap for SKF. I am going to lock in half here at 142 up about $8 a share. The S&P is down to support in premarket and I will probably get a chance to reload after the open should I choose.
Wednesday, December 3, 2008
Bearish Wedge or Higer Low
Remaining patient other than some very quick trades in the ETFs. Took some SKF at the close to see if I can get some quick profits off a soft opening. It closed right at support and thought it offered pretty good risk/reward. I will cut it quickly should Mr. Market disagree.
Check my notes on the chart for further insight.
Nice gap for SKF. I am going to lock in half here at 142 up about $8 a share. The S&P is down to support in premarket and I will probably get a chance to reload after the open should I choose.
Check my notes on the chart for further insight.
Nice gap for SKF. I am going to lock in half here at 142 up about $8 a share. The S&P is down to support in premarket and I will probably get a chance to reload after the open should I choose.
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