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.
One response to “SKF Trade”
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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
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Paul J Singh 
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