Thursday, March 20, 2008

SKF

Added @ $113.46

Gold trying to make a move!!

6 comments:

Ron said...

Dropping like a stone! Come to papa...

Of course, this would be a really bad one to own if the financial sector, and Michale Jackson, makes a comeback...not likely....

mdp said...

Good thing(ina way)is that any comeback will be short lived...mdp

mdp said...

Just added a block at 111.88

Goldfinger said...

Ok, I'm getting a bit nervous. I was showing support at $112. We just fell through it. Not looking good if we don't see some recovery. Anybody else have any input?

Ron said...

Looks as if SKF has bounced off $112 now. Could be just today? Need to confirm with some other data.

UYG appears to have broken the line...following the djia....

mdp said...

Obviously you all know this...but alot of skf movement goes off of the main market..so if the dow going down from support that should equal skf going up..?

Or am I oversimplyfying it..sorry for spelling..

mdp