SOLD -10 SKF @102.51

[caption id="attachment_260" align="aligncenter" width="500" caption="SKF"][SKF][][/caption]

Sold all my SKF for a tiny profit from \$96.70 entry (fee \$5). Congress is discussing a \$700 billion rescue plan for the financials. The drop of financials in the past two days seem to be more of a setup for Paulson to sell his plan. The volume on SKF has been very low for the recent rise in price. Also, after Paulson's proposal, SKF seem to be reaching a resistance at \$102.50. I will wait and see how it goes, as there's a lot of downside risk on SKF at the moment.

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