cynic
- 27 Jul 2007 15:10
- 1415 of 3050
spo now heading sharply south once more ...... next obvious support is 200 dma at about 440 ...... happy enough to have got out a bit prematurely, but if 200 dma fails, it iwll be worth taking a good look as to what happens thereafter ...... of course, there is almost as much possibility that the fall will be seen as overdone with a sharp (perhaps shortlived) correction to scare the bears
Greyhound
- 27 Jul 2007 15:17
- 1416 of 3050
457p is the 200dma today. Almost there.
goldfinger
- 27 Jul 2007 15:45
- 1417 of 3050
Yep 440 looks on the cards and then 400p.
Even at 400p this one is way overvalued.
goldfinger
- 27 Jul 2007 16:10
- 1418 of 3050
A few buyers coming in now, suckers.
cynic
- 27 Jul 2007 16:33
- 1419 of 3050
said it before but bwill say again, buyers can be closing short positions
goldfinger
- 27 Jul 2007 16:38
- 1420 of 3050
Dont you mean sellers?.
goldfinger
- 27 Jul 2007 16:39
- 1421 of 3050
Looks like you missed out on about 10 points or so cynic, just a weekends drinking money I guess and no big deal.
cynic
- 27 Jul 2007 16:45
- 1422 of 3050
could just as easily have gone the other way ...... no one ever sold at the top and bought at the bottom ..... buying back at 480 was just fine
goldfinger
- 27 Jul 2007 16:55
- 1423 of 3050
Going long now?.
cynic
- 27 Jul 2007 17:01
- 1424 of 3050
nope
goldfinger
- 27 Jul 2007 17:09
- 1425 of 3050
Pity.
goldfinger
- 27 Jul 2007 17:13
- 1426 of 3050
Only joking.
Holiday next week so i wont be able to do my running commentary and mickey take out of the resident puffer here.
Shame as Ive really enjoyed the last 3 days.
I suppose I can post from an Ibiza cafe now and again.
Have a good weekend to all.
Greyhound
- 30 Jul 2007 08:43
- 1427 of 3050
I closed my shorts here on Friday but have not gone long. I have bought into Jetion and showing gains already this morning.
cynic
- 30 Jul 2007 09:16
- 1428 of 3050
i am trying hard to sit on my hands as i think the markets are currently very dangerous and unpredictable - e.g. who would have guessed FTSE to open +50/60 after the further drfubbing in US on friday? ...... meanwhile, closing my short on SOLA does not now look so dumb with sp at least temporarily back through one of the key levels - 480
kitosdad
- 30 Jul 2007 12:53
- 1429 of 3050
oooppps cyn .... spoke too soon.?
goldfinger
- 31 Jul 2007 23:07
- 1430 of 3050
Looks like this one could be open to exposure in the morning.
It just doesnt have the legs to get out of trouble at the moment.
Short term traders could be in for more reward......... just my opinion.
Greyhound
- 01 Aug 2007 08:22
- 1431 of 3050
I'm short once more. Test of 426p, key Fibonacci level looks very likely now and 200dma broken.
cynic
- 01 Aug 2007 08:23
- 1432 of 3050
i agree .... looked a minute or so ago and could have sold at 464 (i think) ..... finished off an e-mail and looked again to find down another 10p ..... i think this stock could tank quite badly and have taken a small position to support that view.
sp has now fallen through 200 dma support ..... arguably some support at 440, but then i think 400 is next stop.
goldfinger
- 01 Aug 2007 08:44
- 1433 of 3050
Yep I can see 4 quid on the cards maybe more depending on the Yanks at open.
Pi liquidity running out of steam. In a very dangerous position this one now.
kitosdad
- 01 Aug 2007 08:55
- 1434 of 3050
Was taken out at 452p, so I'm sitting on my hands now like my mate GF. Was going to move the stop, but decided not to buck the trend.