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To: MythMan who wrote (372723)	8/12/2008 3:37:09 PM
From: Lucretius	Read Replies (1) \| Respond to of 436258

real man about to pay a visit to the bulls?

To: MythMan who wrote (372723)	8/12/2008 4:02:12 PM
From: Giordano Bruno	Read Replies (1) \| Respond to of 436258

Can't lose 'em all.

To: MythMan who wrote (372723)	8/12/2008 4:07:45 PM
From: Cynic 2005	Respond to of 436258

Re. SKF. Here is some crap I came-up with to justify my staying long in SKF (for the time being). [Fair warning - my record in trading with SKF not is that great. My entry points were OK, but didn't exit fast enough to lock profits.] JPM and GS are the two remaining only “STRONG” financial firms. Their action today shold be worrisome to bulls. More important than the action in JPM and GS, GS is trading lower than its price when MER did its write-off gimmick two weeks ago on Jul 28th. Also, MER and JPM are now trading below the low of when MER made the announcement. Watch for the following (Jul 28) closing prices: GS below 172.90 (Currently - 3:40 PM - 166.7 well below 172) JPM Below 37.60 (currently at 37.4) MER below 24.33 (Currently at 24.49) A close below those levels means we will at least be testing the July 15 lows. Another critical price level for MER is 22.5. In the next few days (the price at which they sold to the Singapore fund) if it closes below 22.5, I would say SKF will retest 200. finance.yahoo.com GS got sold off in the last 5 min into close from 168.5 to 166.7 [not good for the financials] Here comes the tape paining. GS painted to 167.30 from actual close of 166.70 JPM painted to 38.05