SKF Update (12) 8/20/08

Short SKF at 136.5 this moring. ( 150 Shrs)

XLF is due for rebound with broad market.  SKF has over bought condition.

This is very short time trade and involve high risk.  If you are not quick hand, don't follow.  The position could close at anytime.

Normally I do not short SKF, but this is very good chance for very short time trade.

Take care.