UYG was very strong yesterday, financials on the lead once
again. Did you se the point and figure for financials sector
yesterday, up 13-14%. Massive and rare. Translates that
SKF could easily have more downside in store. My
target SPX is 1320-1324. My SKF target is 105. Just my
gut. We shall see.
SKF holding Steady?
Posted by sbadri on 29th of Aug 2008 at 12:52 pm
Hmm inspite of a 15 pt drop, wonder why SKF is holding? Is this a sign for a major drop? Any comments
SKF
Posted by andreac on 29th of Aug 2008 at 12:58 pm
UYG was very strong yesterday, financials on the lead once again. Did you se the point and figure for financials sector yesterday, up 13-14%. Massive and rare. Translates that SKF could easily have more downside in store. My target SPX is 1320-1324. My SKF target is 105. Just my gut. We shall see.
banks and brokers are improving
Posted by robbie on 29th of Aug 2008 at 12:55 pm
banks and brokers are improving FWIW