Monday, March 17, 2008
Not so bad
Down 160 in DOW futures. UYG just traded for $25.66. Basically a .34 cent loss/share Peter if you net the $1/share you booked Friday. I'd be holding the SKF (obviously) and book the UYG looking to get back in at a lower amount before the Fed announces (even though it'll only create a quick pop IMO)
Subscribe to:
Post Comments (Atom)
1 comment:
So you would hold SKF through the rate cut? I'm thinking there will be a bit of a pop from tomorrows cut, if its a point that is. So I was thinking about booking today and buying any skf dip tomorrow. Of course with options, most holders know that any dip is likely BS, and if we get something less than a point? Decisions, decisions....
Post a Comment