Should have a big week ahead of us here gentlemen. A lot of data coming out and I don't see a whole lot of it being very good. I may be way off base, but I'm thinking we may see some blood in the streets after the releases on Wednesday and Thursday.
Here's to hoping that the blood in the streets isn't ours!
All jokes a side, this morning probably won't be pretty for SKF holders. The two big rumors circulating the market right now could drive the financials. We will probably have to see some pretty bad Ex home sales and/or consumer confidence #s today and tomorrow (certainly a good possibility) to slow them down. As I said earlier though, Wednesday and Thursday will be the days to watch IMO.
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Should have a big week ahead of us here gentlemen. A lot of data coming out and I don't see a whole lot of it being very good. I may be way off base, but I'm thinking we may see some blood in the streets after the releases on Wednesday and Thursday.
I hope you are right GF!! I bought some calls on SKF!!
I doubled my position on SKF on Thursday.
So now we all are into skf....lets hope the downtrend continues...harry dent thinks that 11200 or so will be the bottom...time will tell..
mdp
Here's to hoping that the blood in the streets isn't ours!
All jokes a side, this morning probably won't be pretty for SKF holders. The two big rumors circulating the market right now could drive the financials. We will probably have to see some pretty bad Ex home sales and/or consumer confidence #s today and tomorrow (certainly a good possibility) to slow them down. As I said earlier though, Wednesday and Thursday will be the days to watch IMO.
Existing Homes sales are better than expected. This could get a bit ugly for us for the next couple of days...
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