The Dow came within 90 points of the 6452 target this afternoon, while the SKF moved above the low of its high day, which was my target zone. With the near miss of projected targets and the possibility of a positive surprise on the employment report, I exited 4 short positions near the close.
Closed positions: short JOYG (+20.4%), short EXPD (+15.5%), long 1/2 TWM (+38.1%),
long SKF (+51.1%).
We may be in for a bumpy ride over the next few days, so as I have been repeating, be prudent in taking profits before they evaporate.
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