SKF update (11) 8/19/08

Sold SKF 100 shrs at $132  This is the best can get price in this round.

The cost already down to $140  last Friday,  so total loss is  (140-132) x100 =800

Wait to make up $8 later.

[xxq2001]

Thank for sharing. Very good guide. What do you think of the following 2 strategies? 1. Buy SKF, hold and sell calls every month to lower cost and keep position. 2. Buy SKF low and sell high, do not keep position. It looks like the trading range now is $110 - $135. Am I right? Is the trading ranging going up or down? I would appreciate your insight. Thanks.

[王六一]

Thanks for telling us not only your gains, but also your losses. You are a sincere person and I admire you.

[westmouse]

thanks. I almost set order to buy skf today. I will wait. thanks.