I Just Let a Few SKF Go
I just took huge profits on about 20% of my SKF position. As I have mentioned in recent posts, I am exercising my discipline to buy-to-cover on weakness, and short on strength. I also want to have maximum firepower to short tech in case there is one more bounce before the big crash.
The BKX is only down 1% as I write, and the QQQQ is down almost 3%, so my prediction from a week or so ago that tech could take over the lead on the downside might be coming true.
