BOUGHT +11 SKF @102.60

[caption id="attachment_264" align="aligncenter" width="500" caption="SKF"][SKF][][/caption]

I'm back in SKF today after an exit about an hour ago. Price broke \$103 for a few minutes then backed down. Upon further analysis, I think the Paulson plan wouldn't pump the financials, at least for now. It would be too obvious and not profitable for the traders. A better scenario would be a big drop to shake everyone off, then a rocket up to lure in the chasers.

Stop: Working trailing stop order of -\$8.0 on Marked Price.

[SKF]: http://traderpau.files.wordpress.com/2008/09/2008-09-23-skf1.png