The Dean’s Trades: Sold SKF 53% Gain

October 9th, 2008 at 8:14 pm Posted by The Dean

I had $180 sell order GTC for SKF (Ultra Short Financials) and it got filled about 3:40pm EST. I started buying SKF in late August @ $120 so it feels nice to lock in a 53% gain during one of the biggest sell-offs in Wall Street history.

I still own my SKF call spreads which are now 100% in the money.

The blog hasn’t been updated as much as i’d like recently. Rather, i’m spending most of my time looking for the best short-opportunities… which i’ll be releasing soon. (HINT: The Dean hates consumer goods stocks).

Happy Trading, The Dean

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