SKF

    SKF holding Steady?

    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.

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